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Fiscal policy has been one of the biggest challenges for the Salvadoran government. In December 1999, net international reserves equaled US$1.8 billion. Having this hard currency buffer to work with, the Salvadoran government undertook a monetary integration plan beginning in January 2001 by which the U.S. dollar became legal tender alongside the Salvadoran colón, and all formal accounting ...
A stock market was first established in El Salvador in 1965. [7] [8] It was closed on March 26, 1976, due to low levels of activity. [9] The current stock market was established in April 1992, [6] three months after the Chapultepec Accords brought an end to the Salvadoran Civil War.
13°41′06″N 89°14′24″W / 13.6851°N 89.2399°W / 13.6851; -89.2399. Current tenants. President of El Salvador. Construction started. 1911. Design and construction. Architect (s) Luis Fleury. Casa Presidencial, or "Presidential House" in the Spanish language, is the President of El Salvador 's official residence and his offices.
In 2005, the average residential tariff in El Salvador was US$0.139 per kWh, which is above the US$0.105 per kWh weighted average for LAC. In contrast, the average industrial tariff for El Salvador, US$0.103 per kWh was below the US$0.107 per kWh average for LAC. [5] Electricity prices vary considerably from one distribution company to another.
Revenue. US$2.9billion (2016) [1] Number of employees. 7,903 [2] (2017) Website. pricesmart.com. PriceSmart, Inc. is an American operator of membership warehouse clubs in Central America, the Caribbean, and South America. PriceSmart was founded by Sol and Robert Price, founders of The Price Club; Robert Price is chairman of the board.
1 Salvadoran colón from El Salvador from 1985, which was minted in Mexico City by the Mexican Mint. Because the colón replaced the peso at par, 1 and 5 centavos coins issued before 1919 continued to be issued without design change after the colón's introduction. In 1921, cupro-nickel 10 centavos were introduced, followed by silver 25 ...
El Salvador's population was 6,314,167 in 2021, 162 163 compared to 2,200,000 in 1950. In 2010 the percentage of the population below the age of 15 was 32.1%, 61% were between 15 and 65 years of age, while 6.9% were 65 years or older. 164 The capital city of San Salvador has a population of about 2.1 million people.
The migration rate accelerated during the period of 1979 to 1981, this marked the beginning of the civil unrest and the spread of political killings. [5] The total impact of civil wars, dictatorships and socioeconomics drove over a million Salvadorans (both as immigrants and refugees) into the United States; Guatemala is the second country that hosts more Salvadorans behind the United States ...