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Salvadoran Lawmakers Consider 60-Day Extension for Taxpayers to Pay Debts Without Added Surcharges
LA LIBERTAD, El Salvador — Taxpayers may soon get another chance to settle outstanding debts without paying interest or surcharges, following a new proposal from El Salvador’s Legislative Assembly. On Monday, October 13, the Finance Commission approved an opinion to … Read more
El Salvador Secures $65 Million Loan to Expand Surf City II and Modernize La Libertad’s Coast
The coastal transformation of La Libertad is moving into its next phase. Lawmakers on Monday approved a $65 million loan from the Central American Bank for Economic Integration (CABEI) to fund Surf City II. The Legislative Assembly endorsed Opinion 142, … Read more
El Salvador Named Host of World Tourism Day 2026, Marking Historic First
LA LIBERTAD, El Salvador — El Salvador has been selected to host World Tourism Day in 2026, making it the first Central American country to host the industry’s most significant global commemoration. The announcement was made during the closing ceremony … Read more
Foreign direct investment to El Salvador closed at more than $45 million in the second quarter of 2025
SANTA ANA, El Salvador — Foreign direct investment (FDI) to El Salvador climbed above $45 million in the second quarter of 2025, marking a recovery after last year’s steep losses. The Central Reserve Bank (BCR) reported Tuesday that net foreign … Read more
El Salvador 2025 Art and Design Festival: Creativity Driving Economy and Tourism
SANTA TECLA El Salvador — El Salvador is turning to creativity to fuel economic growth. The government announced the 2025 Art and Design Festival, a nationwide celebration of artisanal talent. The event, now in its fourth edition, was presented on … Read more
El Salvador Buys $50 Million in Gold, First Purchase Since 1990
SENSUNTEPEQUE, El Salvador — El Salvador has purchased gold for the first time in more than three decades, a move its central bank says will strengthen the country’s international reserves. The Central Reserve Bank (BCR) announced Thursday it acquired 13,999 … Read more
Former El Salvador Attorney General Luis Martínez Sentenced to 10 Years for Corruption
SANTA TECLA, El Salvador — Former Attorney General Luis Martínez, once the highest-ranking prosecutor in El Salvador, was sentenced Monday to 10 years in prison after a court found him guilty of procedural fraud and failure to investigate corruption cases … Read more