2024-03-25 00:00:24
These are the most notable news of the week:
Government faces debt of $2,242 million in the short term
The Salvadoran government faces the obligation to pay $2,242 million in short-term debt in the coming months. This amount represents a decrease compared to the previous year. The debt is divided between Letes and Cetes, instruments used to manage public finances.
The government of El Salvador has financial commitments for $2,242 million in short-term debt, mainly acquired in the local market through Letes and Cetes. These instruments, issued by the Ministry of Finance, represent a percentage of the country’s Gross Domestic Product (GDP). Short-term debt has decreased compared to previous years, reflecting a fiscal management strategy.
Absence of responses from the TSE raises concern in the electoral process
The Supreme Electoral Tribunal (TSE) has not responded to the six complaints presented by the Vamos political party during the February and March 2024 elections, according to deputy Claudia Ortiz. The complaints cover issues such as the removal of propaganda, political violence and government propaganda. Ortiz affirms that the lack of response from the TSE indicates an absence of institutional guarantees in the electoral process.
This institutional silence has generated concern about the lack of guarantees in the electoral process, according to Ortiz. Furthermore, he highlights the fundamental role played by citizens in documenting irregularities during election day, acting as a last line of defense.
Legislative Assembly approves $75 million for environmental and sanitation projects in Trifinio and Puerto de La Libertad
On Tuesday, March 19, the Legislative Assembly approved a $75 million loan to improve water treatment in Trifinio and the Port of La Libertad. The program includes environmental restoration projects and improvement of the drinking water system.
This loan, signed with the Andean Development Corporation (CAF) on March 5, 2024, will be used for projects such as forest restoration, improvement of wastewater treatment and studies to build wastewater treatment plants.
Parlacen swears in representatives of the Chinese People’s Congress as permanent observers
The Central American Parliament (Parlacen) has sworn in 18 representatives of the Chinese People’s Assembly as permanent observers, in an event held in El Salvador. This incorporation reflects a new chapter in relations between Central America and China, with a focus on regional cooperation and development.
This event took place in El Salvador, where the Chinese ambassador to that country, Zhang Yanhu, was also sworn in. The observers committed to collaborating in areas such as regional development, cooperation, peace and democracy.
Government has not yet issued an opinion on the treaty between Honduras and Nicaragua
The Honduran Congress ratified a boundary treaty with Nicaragua over the Gulf of Fonseca, granting Honduras access to the Pacific Ocean. The agreement, signed in 2021, excludes El Salvador and has not yet received an official opinion from the Salvadoran government. The treaty recognizes shared sovereignty in the Gulf and proposes maintaining the area as a space of peace and development.
The National Congress of Honduras ratified a boundary treaty with Nicaragua over the Gulf of Fonseca, which excludes the participation of El Salvador.
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