The draft bill called "General Law of Water Resources" was submitted to the Legislative Assembly, a legal framework that would empower the Salvadoran Water Authority to authorize the use of water to sub-sectors, state entities and private entities.
In order to benefit the Salvadoran population, the Minister of Environment, Fernando Lopez, delivered to the President of the new Legislative Assembly, Ernesto Castro, the preliminary draft of the General Law of Water Resources, informed the Assembly on June 19.
Following the approval of the legal framework that recognizes Bitcoin as a legal tender in El Salvador, one out of two local businessmen are concerned that the circulation of the cryptocurrency is mandatory and one out of three are distrustful of this change in the laws.
The Chamber of Commerce and Industry of El Salvador carried out a survey among its members, businessmen in general and citizen consumers to know the expectations of the productive sector regarding the implementation of the cryptocurrency.
Following the approval of the Bitcoin Law in El Salvador by the members of the Legislative Assembly, which creates a legal framework that recognizes this digital currency as legal tender in the country, the IMF warns that financial and legal risks have arisen.
Following the approval of the Bitcoin Law in El Salvador by the deputies of the Legislative Assembly, there is now a new legal framework that recognizes this digital currency as legal tender in the country.
The President of the Republic, Nayib Bukele, sent to the Legislative Assembly, through the Minister of Economy, Maria Luisa Hayem, the bill to allow the use of Bitcoin in the country.
Empresa Tomza Guatemala S.A. reported that in Nicaragua the government of President Daniel Ortega illegally expropriated and confiscated the company's assets, which together amount to $4 million in investments.
Although the President of El Salvador seeks to maintain absolute quarantine, the Legislative Assembly of that country approved a law that establishes the measures that will be applied to gradually resume labor and economic activity, in both the public and private sectors.
The approval of this legal framework, which establishes four phases for the reactivation of the economy, takes place in the context of strong tensions between the Executive and the Legislative, who have had different criteria regarding the home quarantine, to which the population was subjected due to the outbreak of covid-19.
While the health emergency lasts in El Salvador, online purchases made by individuals from U.S. companies, which do not exceed $200, will not pay taxes.
In response to the outbreak of covid-19 in the country, the Law on Facilitation of Online Purchases was issued, which allows for the promotion and facilitation of the import of goods or merchandise of a non-commercial nature, i.e. for personal use, by Salvadorans through online purchases, according to a statement by the Assembly.
After a home quarantine was decreed in El Salvador, the government intends to prohibit the dismissal of employees who do not attend work.
In the context of the crisis generated by the spread of covid-19, a proposal is being discussed that establishes that the employees of companies that are not allowed to continue their activities should be sent home with their salaries and benefits, and that they cannot be subject to dismissal, salary discounts or suspension of contract, nor be forced to take their vacation in advance.
The Legislative Assembly approved in second debate a bill that aims to tax in the country the sale and self-consumption of imported or locally produced cement.
The initiative, which was approved in the first debate in the Assembly in mid-February and is still pending approval by the Executive Branch, establishes that the tax will be on imported cement produced nationally, in bags or in bulk, for sale or self-consumption, of any kind, whose destination is the consumption and marketing of the product nationally.
The company "MICARRO SV" is accused of not delivering the vehicles to a group of consumers who had already paid for them.
The consumers "paid large sums of money" to the company Inversiones Latinoamericanas, S.A. de C.V., (COINVERLAT, S.A. de C.V.) and Cristian Javier Pineda Reyes, who operated the company "MICARRO SV", reported the Consumer Defense Office.
In El Salvador, there is a demand that the updating of the Law on Public Administration Procurement and Contracting that the deputies seek to make be carried out without neglecting the principles of competition and transparency.
After the Executive submitted the amendments to the draft reform of the Public Administration Procurement and Contracting Law (LACAP) to the Legislative in 2019, a sub-committee of the Assembly is examining the proposals.
The Legislative Assembly approved the Law on Integral Waste Management and Promotion of Recycling, with the objective of achieving correct waste management in the country, through the separation of organic and inorganic waste.
From the statement of the Legislative Assembly of El Salvador:
The Assembly of El Salvador approved the legal framework that provides legal security to commercial relations, for the conclusion of contracts, transactions of goods and services between suppliers and consumers by electronic means.
The authorities informed that the regulation will enter into force one year after it has been published.
The Salvadoran government announced that in January 2020 it will submit a proposal to regulate the operation of nurseries dedicated to the care of employees' children, which will be mandatory for companies with more than 100 workers.
The regulation will be part of the application of the Special Law for the Regulation of Nurseries, which will enter into force on June 19, 2020.
The authorities of the Ministry of Health closed the third restaurant of the Mister Donut chain, arguing that they failed to comply with the necessary hygiene measures while carrying out remodeling work in their facilities.
With this new closure, the stores that are currently closed are 29th Street Poniente, San Jose Park in downtown San Salvador, and Paseo General Escalon.
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