Political and Government News
The Central Reserve Bank of El Salvador Seizes Over 3,700 Fake Banknotes in 2024
SAN SALVADOR, El Salvador — The Central Reserve Bank of El Salvador (BCR) seized more than 3,700 counterfeit banknotes in 2024, registering a drop in fake currency circulation but highlighting continued vulnerabilities in lower-denomination bills, particularly $20 notes. According to … Read more
Vice President Felix Ulloa: El Salvador Seeks to Reduce the Margin of Error of the State of Exception
Salvadoran Vice President, Félix Ulloa, emphasized efforts to improve the arrest protocols under the state of emergency, which has been in place for over three years. In a recent interview with the French magazine Le Grand Continent, Ulloa stated the … Read more
President Bukele Proposes 12% Minimum Wage Hike in El Salvador Amid Rising Living Costs
SAN SALVADOR, El Salvador — President Nayib Bukele proposed a 12% increase in El Salvador’s minimum wage Friday, a long-awaited measure amid mounting pressure from civil society groups and rising household costs. “Today, we have sent the following proposal to … Read more
El Salvador’s Legislative Assembly Ends Abstentions: Deputies Must Now Vote Yes or No
SAN SALVADOR, El Salvador — In a move aimed at increasing transparency and legal clarity, El Salvador’s Legislative Assembly has eliminated the option for lawmakers to abstain from voting during plenary sessions. Lawmakers on Thursday approved an amendment to Article … Read more
Legislative Assembly Approves $113.9M Loan for Surf City Infrastructure Development
SAN SALVADOR, El Salvador – March 25, 2025 — In a move set to propel the country’s coastal tourism and infrastructure growth, the Salvadoran Legislative Assembly today ratified a loan agreement with the Central American Integration Bank (CABEI) for $113.9 … Read more
President Bukele Warns Municipality Mayors: Roll Back Tax and Permit Hikes or Face Extortion Charges
SAN SALVADOR, El Salvador — President Nayib Bukele issued a stern ultimatum to all 44 municipal governments across El Salvador, demanding they immediately reverse what he described as illegal and abusive increases in local taxes or permit fees or face … Read more
President Bukele Reverses Decision to Close Chivo Pets Hospital, Announces Increased Budget
San Salvador, El Salvador – March 9, 2025 — In a swift policy reversal, Salvadoran President Nayib Bukele announced on Sunday that the Chivo Pets veterinary hospital will remain open, just one day after he declared its closure. The president … Read more