The state’s debt to private pension funds, funded by worker payroll deductions, surpassed $11 billion last September, according to statistics from the Central Reserve Bank (BCR) released this Friday. Official figures, which the BCR sources from the Salvadoran...
The Value-Added Tax (VAT) was the single largest contributor to the Ministry of Finance’s coffers this past September. According to the Ministry of Finance’s revenue report, this tax totaled $2,841.3 million as of September 30, accounting for 44.5% of all...
The Economic Activity Volume Index (IVAE), a short-term gauge of economic momentum, indicates that the economy expanded by 5.5% in August compared to the same month last year, the Central Reserve Bank (BCR) reported Friday. The index registered 130 points, up from...
In July, Alberto Castillo abandoned his boat on the shores of Lake Suchitlan. He could no longer fish or take tourists around the lake – El Salvador’s largest – because it was overrun with water lettuce. He is among thousands of families that live around the lake who...
Attorney Alejandro Henríquez and Pastor José Ángel Pérez must remain in pretrial detention after a judge on October 29 denied their request for conditional release, a decision their defense team and civil society organizations describe as baseless, as they presented...
A Salvadoran court on Wednesday ruled to keep an environmental lawyer and a community leader imprisoned, defying calls for their release from the UN and NGOs. The two were arrested in May for protesting near the home of President Nayib Bukele. Attorney Alejandro...
