Browsing Tag

Central America

Walmart boosts its presence and profits in Central America

Walmart's net profit in Mexico and Central America grew 48.3% in the first nine months of the year, to almost $ 1.5 billion, according to the company's quarterly accounts report. Compared to the previous year, the subsidiary's sales grew 3.1%. For its part, the gross operating profit (Ebitda) rose…
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El Salvador is heading towards economic recovery

Authorities of El Salvador announced that it will be the only country in Central America that by the end of 2021 will have recovered the levels of economic activity registered before the Covid-19 pandemic. This was reported by Douglas…
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Use of bitcoin in El Salvador will be voluntary

The president of El Salvador, Nayib Bukele, assured that the use of bitcoin in the country will be voluntary after giving details about the Bitcoin Law, with which he hopes that the country will become the first in the world to adopt…

IMF will meet with authorities of El Salvador

The International Monetary Fund (IMF) announced that it will hold a meeting with the authorities of El Salvador to discuss the new economic policy, which would accept  bitcoin as legal tender. According to the IMF spokesman, Gerry Rice,…

Costa Rica joins the OECD

Costa Rica has formally become the thirty-eighth member country of the Organization for Economic Cooperation and Development (OECD) and the fourth country in Latin America and the Caribbean to join the institution after Mexico, Chile and…

IMF allocation to Honduras will increase

The International Monetary Fund (IMF) and Honduras reached an agreement at a technical level on the fourth review of the Economic Program under the Credit Facility Agreement (Stand-By), by which it will be proposed to increase the level of…