Economic News

Over 30% Monetary Poverty in 17 of 44 New Salvadoran Municipalities

A socioeconomic report created by the United Nations Development Programme (UNDP) reveals that 17 out of the 44 new Salvadoran municipalities have a monetary poverty rate exceeding 30%. The UNDP report, titled Socioeconomic Map: Guide for the new 44 municipalities … Read more

Salvadoran Government Modernizes Its Financial Check System

Douglas Rodríguez, President of the Salvadoran Central Reserve Bank (BCR), announced on Monday, August 19, a new bank service of same-day check clearing service of funds issued through checks within the national financial system. Rodriguez stated at the press conference … Read more