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The International Monetary Fund “IMF” Projects 2.5% Economic Growth for Latin America in 2025
The International Monetary Fund (IMF) has projected a modest economic growth rate of 2.5% for Latin America in 2025, signaling a continued recovery amid global economic challenges. The forecast, outlined in the IMF’s latest World Economic Outlook, highlights the region’s … Read more
El Salvador Sets Bold Goal for 2025: Aiming for 4.2 Million Visitors for the Year
El Salvador is looking to increase the number of tourists this year, aiming to attract over 4.2 million international visitors in 2025, according to Morena Valdez, the Salvadoran Minister of Tourism. Minister Valdez announced the visitor’s goal for this year, … Read more
Christmas and New Year’s Celebrations in El Salvador Leave Over 90 Fatalities
According to information provided on Thursday by the authorities of the National Civil Protection Commission, the Christmas and end-of-year celebrations left over 90 people dead due to traffic accidents and drownings. Luis Amaya, director of Civil Protection, reported that four … Read more
U.S. Congressman James P. McGovern Criticizes El Salvador’s State of Exception
U.S. Congressman James P. McGovern concluded his visit to El Salvador with sharp criticism of the Bukele’s administration state of exception, which he accused of violating human rights and fostering an environment of intimidation and self-censorship. During his visit, McGovern, … Read more
The Central American Bank for Economic Integration will grant $646 million to El Salvador in 2025
The Central American Bank for Economic Integration (CABEI) announced on Tuesday, November 12, the disbursement of $646 million for El Salvador to be delivered in 2025. The funds will be used for new infrastructure projects and current projects. The announcement … Read more
2024 Salvadoran Population Census Reveals 49,788 Foreigners Now Call El Salvador Home
According to the VII Population Census and VI Housing Census published by El Salvador’s Central Reserve Bank (BCR), 49,788 foreign-born individuals currently live in El Salvador. Those born abroad and residing in El Salvador make up 0.83% of the country’s … Read more
The International Monetary Fund (IMF) Adopts Lighter Tone Towards El Salvador and Its Bitcoin Law
The International Monetary Fund (IMF) stated that if El Salvador does not repeal the Bitcoin law, which makes it legal tender in the country, it should at least reduce it as a condition for reaching an agreement to receive around … Read more