Political and Government News
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 Stands Firm: Vows to Keep Buying Bitcoin for El Salvador
Today, Salvadoran President Nayib Bukele reaffirmed that the country will continue purchasing Bitcoins, dismissing concerns that the International Monetary Fund (IMF) might impose restrictions as part of a proposed $1.4 billion financing program. President Bukele made it clear that Bitcoin … Read more
Ernesto Muyshondt Sentenced to Four Years for Neglecting Duties as San Salvador Mayor
SAN SALVADOR, El Salvador — Former San Salvador mayor Ernesto “Neto” Muyshondt was sentenced to four years in prison on Friday, February 28, for dereliction of duty tied to his 2018–2021 term at the head of the capital city. The … Read more
The International Monetary Fund “IMF” Approves $1.4 Billion Financing Program for El Salvador
Today, the International Monetary Fund (IMF) Executive Board approved a $1.4 billion financing program for El Salvador, providing immediate economic support to the country; it includes an initial disbursement of $113 million. According to the IMF, the program aims to … Read more
Deputy Claudia Ortiz: VAMOS Is the Only Opposition to President Bukele’s New Ideas Political Party
Yesterday, Claudia Ortiz, the sole Legislative Assembly deputy from the VAMOS political party, stated that VAMOS is emerging as “the only alternative” to counterbalance the ruling party amid ARENA’s internal conflict. Ortiz made the statement during a Dialogo 21 TV … Read more
El Salvador Ends Mandatory Public Financing of Political Parties: A New Era in Campaign Funding
Today, the Salvadoran Legislative Assembly approved a constitutional reform to eliminate public funding for political parties in elections, commonly referred to as “Deuda Política” (political debt). The reform, spearheaded by President Nayib Bukele and backed by the ruling Nuevas Ideas … Read more
El Salvador’s Legislative Assembly Moves to End Mandatory Public Financing for Political Parties
On the Friday, February 7 Legislative plenary session, deputies of the Nuevas Ideas political party presented a piece of correspondence requesting to repeal article 210 of the Constitution of the Republic to eliminate the political debt, also known as mandatory … Read more