The New York Times highlights El Salvador among 52 destinations to visit in 2024
The renowned US newspaper highlights that “El Salvador has improved drastically in tourism and security issues” and places it among a selection of countries around the world recommended to visit […]
Cepal raises El Salvador’s growth projection for 2023 to 2.3%.
In the Preliminary Overview of the Economies of Latin America and the Caribbean released yesterday, the agency raised the country’s GDP projection by two-tenths of a percentage point. Last September […]
“As of November, 3 million visitors and $3.4 billion in foreign exchange reported”, Minister of Tourism
The Minister of Tourism, Morena Valdez, informed that the new dock at the Port of La Libertad is almost ready and confirmed that “the operation of a restaurant inside the […]
El Salvador Volcano Bond to be issued in the first quarter of 2024
The National Bitcoin Office informed that the bitcoin-backed state bond has received regulatory approval from the National Commission of Digital Assets. The National Bitcoin Office (ONBTC) informed this Monday via […]
The bitcoin market is targeting $45,000
The bitcoin uptrend continues as two important events approach: the possible approval of new ETFs by the U.S. regulator and the upcoming halving in April 2024. The price of bitcoin, […]
Bitcoin has brought $7 million in profits to El Salvador
President Nayib Bukele affirmed that the crypto asset will not be sold because the strategy is long term and it has allowed attracting investments and tourism to the country. After […]
Inflation in El Salvador maintains a 15-month consecutive decline
At the end of November, inflation in El Salvador reached 2.11%, the lowest rate registered in the country since April 2021, according to the BCR database. Since August 2022, and […]
El Salvador seeks to attract investment of about 1 billion in bitcoin with visa program
program is aimed at large-scale investors who contribute $1 million in the country to finance works in the areas of culture, security, technology, and social welfare. The Government of El […]
Salvadoran Foreign Ministry highlights attraction of investments for 161 million dollars
The Ministry highlighted the generation of $8.5 million in overseas sales of food products, beverages, plastics, pharmaceuticals, textiles and clothing, information technologies, agribusiness, and handicrafts. The Vice Minister of the […]
The government of El Salvador launched the National Fintech Strategy
As a first action, the OIF delivered the rules for fintech companies to be part of the national payment systems. As another step towards the digital transformation of El Salvador, […]