El Salvador launches new platform for business development
In order to improve the competitiveness of local companies, the Ministry of Economy launched "INVENTA."
Wednesday, November 19, 2008
The system will seek to benefit those individuals with business ideas, and also Small, Medium and Large Companies.
After scraping the double digits in August, annual point to point inflation decreased in September and settled at 8.7%.
Ricardo Esmahan, minister of Economy, estimates a 25% drop in the last two months of 2008.
The increase in the price of basic grains and fuel has caused the consumer price index (CPI) to reach its highest level since the country dollarized its economy and the highest in the last 12 years.
The Congress of El Salvador ratified the FTA that the country, along with Guatemala and Honduras, negotiated and signed with Colombia in 2007 and which should come into force before the end of the year.
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