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The Central Reserve Bank of El Salvador (Spanish: Banco Central de El Salvador) is the central bank of El Salvador, which controls the currency rate and regulates certain economic activities within El Salvador. The bank was originally privately owned, but was brought under state control through The Law on the Reorganization of Central Banking.
The Ministry of Finance (Spanish: Ministerio de Hacienda) of El Salvador is the government ministry of El Salvador in charge of directing the fiscal policy on public resources, so that it promotes stability and sustainability of public finances.
Calling code: +503 [1]; International call prefix: 00 [5]; Fixed lines: 1.1 million lines in use, 74th in the world (2012). [1]Mobile cellular: 8.7 million lines, 88th in the world (2012); [1] in 2007 the number of mobile phones exceeded the country's population giving the country a 1.06 per capita cellphone penetration rate.
El Salvador 10 Colones banknote of 1959. On August 31, 1934, the Central Reserve Bank of El Salvador put into circulation the first uniform family of banknotes, replacing banknotes issued by the Banco Agricola Comercial , the Banco Occidental , and the Banco Salvadoreño : the first banknote family consisted of six denominations: 1, 2, 5, 10 ...
El Salvador, [a] officially the Republic of El Salvador, [b] is a country in Central America. It is bordered on the northeast by Honduras, on the northwest by Guatemala, and on the south by the Pacific Ocean. El Salvador's capital and largest city is San Salvador. The country's population in 2024 was estimated to be 6 million according to a ...
1833-1834: A short lived Department of Tejutla was established from the districts of Metapan and Tejutla in San Salvador. [2] January 22, 1835: The Federal District of San Salvador is separated both from San Salvador department and from the State of Salvador. The remainder of San Salvador department is renamed to Cuscatlan, and Metapan district ...
The Central America-4 Border Control Agreement is a treaty between Guatemala, El Salvador, Honduras and Nicaragua. A visa issued by one of the four countries is honored by all four of the countries. The time period for the visa, however, applies to the total time spent in any of the four countries without leaving the CA-4 area. [11]
The municipalities of El Salvador, called municipios are composed by 262 in total. Each one having its own capital and a variable number of cantons; these are conformed of caseríos. In June 2023, President Nayib Bukele proposed the reduction of municipal councils to 44, with former municipalities becoming districts.