El Salvador and the New Government's PlansOne of the first actions of El Salvador's new president, Nayib Bukele, was to announce the elimination of four secretariats and the creation of two new ones: Innovation and Trade and Investment.Monday, June 3, 2019
In El Salvador, the changes that are coming with the arrival of Nayib Bukele to power are beginning to be announced, since at the first meeting of the Council of Ministers it was reported that the Technical Secretariat of the Presidency, the Social Inclusion Secretariat, the Governance Secretariat, the Transparency and Anti-Corruption Secretariat, and the Vulnerability Secretariat, all created during the FMLN government, will disappear. Source: elmundo.sv Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Minimum wage increase in PanamaJanuary 2020 The average rise is 3.3%, varying from 1% to 8% depending on economic activity, and will be in effect from January 15, 2020. Never-ending Struggle for Minimum WageJanuary 2019 The determination of how much and how the minimum wage should be regulated, something that occasionally seems to be done in an arbitrary manner and for political purposes, continues to be one of the factors that most confront Central American businessmen and governments. El Salvador: Controversial wage IncreaseDecember 2016 The approved increase to the minimum wage, granted without the support of the business sector, will come into effect in January 2017.
Honduras: Minimum Wage Increases Between 5.5% and 8%January 2016 With businesses opposed to the raise, the Labour Ministry has confirmed an increase of between 5.5% and 8% in the different categories of minimum wage.
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