Fuel prices set new record high in NicaraguaMonday, April 28, 2008 For the third straight week, fuel prices in Nicaragua have set new record highs, according to market reports. Top-grade gasoline now retails for more 24 córdobas (US$1.25) a liter, while some outlets were selling regular grade at 23.43 córdobas last weekend. Record tourist arrivals in PanamaTuesday, January 6, 2009 There was a record of 1.5 million visitors making it one of the sectors with the most development during 2008. According to pa-digital.com.pa, "projections at the end of 2008 indicate that the figure could read 1.6 million visitors, recording a growth of 14.3% compared to 2007. Costa Rica: Foreign Investment Would Fall 30%Thursday, September 17, 2009 In 2009, Foreign Direct Investment would fall 30% when compared with 2007, when a record $2.02 billion were received. This was stated by Commerce Minister Marco Vinicio Ruiz, who added that the amount for 2008 was 7% higher than 2007. Record Budget in PanamaWednesday, October 5, 2011 The National Assembly has approved a state budget for the year 2012, at $14,451 million, the highest in the country's history. The beneficiaries are ministries of the Presidency with $881 million and the Public Works with $723.4 million. The amounts allocated to the Ministry of Health are $538 million and $218 million for Education. More Cargo Transiting the Panama CanalThursday, October 11, 2012 The Panama Canal set a new record of tonnage, reaching 333.7 million Canal tons (PC / UMS) at the end of fiscal year 2012. A statement from the Panama Canal Authority reads: $782.4 million for infrastructure projects in PanamáWednesday, October 8, 2008 The "non-finance" investment make up a record 20% of the budget. The "non-finance" public investment package contemplated in the State budget for the 2009 fiscal year adds up to $946 million. Fiscal situation worries El Salvador officialsWednesday, July 23, 2008 The government of El Salvador is proposing to increase the level of public investment. The nation's fiscal situation is one of the biggest problems the new governemt will face, according to an economic analysis done by Carlos Acevedo, an economist from the United Nations Development Program (UNDP); Roberto Rubio, executive director of the National Foundation for Development; and economist Alex Segovia. Public transport back to normal in NicaraguaMonday, May 19, 2008 Public transport returned to normal in Nicaragua after two weeks of strikes, just as gasoline prices rose by a record US$1.30 a liter. Buses, cargo trucks and taxis went back to work at the weekend in response to the government's proposal to cut diesel prices by US$1.30 a gallon (3.8 liters). El Salvador Will Purchase 6.5 Million Meters of FabricTuesday, August 25, 2009 They will be used in tailoring 1.4 million uniforms, to be handed out to students in 2010. The Ministry of Education (Mined), published the tender terms for the purchase of 6.5 million meters of dacron and bonel fabric, which will be used to tailor student uniforms. Port concession urgently needed in El SalvadorTuesday, December 16, 2008 The Salvadoran Foundation for Economic and Social Development asked the Government and Legislative Assembly to approved the concession for the port system. The entity supported, via a memorandum on the issue, the proposal to give 90% of the administration of the country's two main ports to private hands, while the State mains 10%. "This is precisely what the Presidential Commission for the Analysis of the Concession of Port Acajutla and Port La Union has concluded," the Foundation reiterated. El Salvador: Record Debt LevelsMonday, December 5, 2011 As of September 2011, Salvadoran government debt hit a new record, surpassing that of 1990, when it came to represent 50% of GDP. From 1990 to 1998 the ratio of public debt to gross domestic product (GDP) decreased to 27%. Since then the ratio began to grow steadily and in 2009 it was once again 50%. Now. the ratio is 51.7%. Deadline for Telecommunications RegistrationWednesday, June 3, 2009 Telecommunications companies in Costa Rica will have time to request authorization to operate until June 30. The Superintendent of Telecommunications (SUTEL) of Costa Rica informed that June 2 is the deadline, reminding entrepreneurs that, according to the Telecommunications Act, any company that provides telecommunications services to the public or that operates and exploits public networks, requires authorization from the entity to operate. "Paperless Panama” Project ImplementedThursday, January 12, 2012 In the next few weeks, more than one hundred public procedures, will be available online. Some of the procedures that will be available are: the acquisition of Paz and Salvo at the Social Security Fund, request for criminal records, quering IDAAN balances, the Digital Passport System, the program ‘100 a los 70’, and consultation and payment of traffic tickets. Record Honduran Coffee ExportsMonday, December 19, 2011 At the end of the 2010-2011 harvest, the country exported 5.2 million bags of 48 kilos, 13% more than in the previous 2009-2010 harvest. As to the value of exports of the crop, they totaled $1,200 million versus $610 million from the previous harvest. Salvadorian Exports Fall 16%Thursday, July 2, 2009 As of May 2009, registered exports were $1.6 Billion, $306 million less than the same period in 2008. 2008 was a year of record growth in the export sector in El Salvador, with an increase of 14%. However, the Central Reserve Bank (BCR, acronym in Spanish) forecasts a contraction of 15% in exports by the end of 2009. |
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