The Salvadoran government has not transferred 8% of the national budget to the 262 municipalities for eight months. The amount owed is approximately $ 160 million. This amount is known as “FODES”. The Salvadoran president argues that there are not enough funds and the municipalities have stated that this is the president’s way to pressure […]
Tag Archives: Ministry of Finance
Nelson Fuentes has resigned as Minister of Finances. El Diario de Hoy reports: Nelson Fuentes’ departure comes at a time when the government of Nayib Bukele tries to reduce criticism for the use of public funds to buy food in Mexico and, in turn, get more financing to face the loss of income due to […]