IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL5.06▼ 0.34% USD/MXN17.39▼ 0.15% USD/CLP936.72▲ 0.11% USD/COP3,205▼ 1.56% USD/PEN3.40▲ 0.06% USD/ARS1,480▲ 0.15% USD/UYU40.11▲ 0.99% USD/PYG6,045▲ 1.66% USD/BOB10.95▲ 3.79% USD/DOP58.01▼ 0.33% USD/CRC447.30▲ 1.33% USD/GTQ7.62▲ 2.19% USD/HNL26.74▲ 1.49% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.55% USD/TTD6.73▲ 1.10% EUR/BRL5.77▼ 0.86% BRENT 93.38 ▲ 2.60% WTI 86.39 ▲ 1.74% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.08% GOLD 4,149 ▲ 1.92% SILVER 60.15 ▲ 2.24% SOY 1,231 ▲ 0.90% CORN 480.75 ▲ 6.18% WHEAT 691.00 ▲ 1.92% COFFEE 317.05 ▼ 4.49% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 144.15 ▲ 0.24% COTTON 80.43 ▲ 1.86% COCOA 5,458 ▼ 2.66% BEEF 221.00 ▼ 2.50% CATTLE 340.35 ▼ 2.63% LITHIUM 69.40 ▲ 0.46% PETR4 42.30 ▲ 1.54% VALE3 74.07 ▲ 2.53% ITUB4 42.63 ▲ 0.24% BBDC4 18.70 ▲ 0.81% ABEV3 15.95 ▲ 0.95% BBAS3 20.91 ▲ 0.14% B3SA3 15.47 ▲ 1.98% WEGE3 45.86 ▲ 7.98% PRIO3 59.28 ▲ 1.89% SUZB3 42.15 ▲ 1.25% RENT3 36.83 ▲ 0.77% AZZA3 17.42 ▼ 0.34% CSAN3 3.89 ▲ 2.91% RAIZ4 0.28 ▲ 3.70% PCAR3 2.75 ▲ 0.73% GMAT3 3.88 ▲ 1.31% PSSA3 53.98 ▲ 0.93% CVCB3 1.15 ▲ 2.68% POSI3 3.70 ▲ 0.54% SLCE3 13.94 ▲ 1.38% NATU3 8.76 ▲ 0.57% BRKM5 5.87 ▲ 2.80% RANI3 7.98 ▲ 1.14% CSNA3 5.24 ▲ 3.56% CMIN3 5.89 ▲ 5.56% USIM5 8.57 ▲ 1.30% GGBR4 23.80 ▲ 1.32% ENEV3 25.53 ▲ 0.43% CPFE3 46.18 ▼ 0.47% CMIG4 11.03 ▲ 0.09% EQTL3 39.02 ▲ 0.49% LREN3 13.48 ▲ 1.58% VIVT3 35.66 ▼ 0.39% RAIL3 13.52 ▲ 2.11% KLABIN 17.84 ▲ 1.42% RAIA DROGASIL 18.12 ▼ 0.06% RDOR3 34.14 ▲ 0.65% HAPV3 11.52 ▲ 2.49% FLRY3 16.71 ▲ 0.97% SMTO3 15.85 ▲ 1.73% UGPA3 32.17 ▲ 1.10% VBBR3 34.26 ▲ 0.91% BBSE3 41.80 ▲ 0.60% BPAC11 56.02 ▲ 1.17% CURY3 30.18 ▲ 0.77% AERI3 2.07 ▲ 1.47% VIVARA 21.56 ▲ 0.70% COMPASS 24.63 ▲ 0.78% VAMOS 3.18 ▲ 2.91% SANB11 26.79 ▼ 1.54% ASAI3 8.43 ▲ 2.18% SBSP3 28.73 ▲ 0.45% WALMEX 49.24 ▲ 0.18% GMEXICO 208.68 ▼ 0.14% FEMSA 227.31 ▲ 0.25% CEMEX 22.02 ▼ 0.23% GFNORTE 187.02 ▲ 0.66% BIMBO 59.40 ▲ 0.02% TELEVISA 9.77 ▲ 0.10% AMX 22.76 ▲ 0.09% GAP 378.94 ▲ 0.11% ASUR 273.83 ▼ 0.41% OMA 226.51 ▲ 0.11% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.55 ▲ 0.39% SQM-B 64,540 — 0.00% COPEC 6,450 — 0.00% BSANTANDER 79.01 — 0.00% FALABELLA 5,919 ▲ 1.18% ENELAM 84.53 — 0.00% CENCOSUD 2,028 — 0.00% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 — 0.00% LATAM AIR 24.20 — 0.00% YPF 80,625 — 0.00% GGAL 7,965 ▲ 1.53% PAMPA 5,475 — 0.00% TXAR 679.00 ▲ 1.27% ALUAR 973.00 — 0.00% TGS 9,710 — 0.00% CEPU 2,340 — 0.00% MIRGOR 16,775 ▼ 2.04% COME 42.87 — 0.00% LOMA NEGRA 3,605 — 0.00% BYMA 292.25 — 0.00% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.77 ▲ 1.42% BANCOLOMBIA 83.98 ▲ 0.40% GRUPO AVAL 5.11 ▲ 0.29% CREDICORP 390.00 ▼ 0.28% SOUTHERN COPPER 189.67 ▲ 0.88% BUENAVENTURA 32.15 ▲ 2.88% MERCADOLIBRE 1,819 ▼ 0.22% NUBANK 14.35 ▼ 0.28% XP 16.90 ▲ 0.30% PAGSEGURO 9.56 ▼ 0.26% STONE 11.31 ▲ 0.49% GLOBANT 32.49 ▲ 1.22% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 218.22 ▲ 0.25% ASUR 273.83 ▼ 0.41% OMA AIRPORT 105.17 ▲ 0.90% AMX ADR 26.16 ▲ 0.25% FEMSA ADR 131.43 ▲ 0.82% CEMEX ADR 12.79 ▲ 0.71% PETROBRAS ADR 18.77 ▲ 1.24% VALE ADR 14.61 ▲ 2.53% ITAU ADR 8.42 ▲ 0.18% SANTANDER BR 5.38 ▼ 0.55% AMBEV ADR 3.13 ▲ 0.48% CSN 1.04 ▲ 4.00% GERDAU 4.74 ▲ 2.05% LATAM ADR 51.23 ▼ 0.66% BTC 65,866 ▼ 0.96% ETH 1,939 ▲ 0.56% SOL 77.80 ▼ 0.40% XRP 1.14 ▼ 0.09% BNB 571.88 ▼ 0.30% ADA 0.17 ▲ 0.61% DOGE 0.07 ▼ 0.63% AVAX 6.55 ▼ 0.17% LINK 8.67 ▲ 0.29% DOT 0.84 ▼ 0.81% LTC 46.79 ▼ 0.06% BCH 221.15 ▼ 1.14% TRX 0.33 ▲ 0.05% XLM 0.19 ▼ 1.26% HBAR 0.07 ▲ 2.64% NEAR 1.88 ▼ 2.64% ATOM 1.47 ▼ 1.08% AAVE 97.72 ▲ 2.25% SELIC 14.25% EMBRAER 83.97 ▲ 1.60% EMBRAER ADR 65.84 ▲ 0.57% JBS 12.06 ▲ 0.92% JBS BDR 61.09 ▲ 1.44% MBRF3 15.38 ▲ 1.79% MBRFY 2.97 ▲ 0.68% INTER 5.55 ▼ 0.54% IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL 5.06 ▼ 0.34% USD/MXN 17.39 ▼ 0.15% USD/CLP 936.72 ▲ 0.11% USD/COP 3,205 ▼ 1.56% USD/PEN 3.40 ▲ 0.06% USD/ARS 1,480 ▲ 0.15% USD/UYU 40.11 ▲ 0.99% USD/PYG 6,045 ▲ 1.66% USD/BOB 10.80 ▲ 2.37% USD/DOP 58.01 ▼ 0.33% USD/CRC 447.30 ▲ 1.33% USD/GTQ 7.62 ▲ 2.19% USD/HNL 26.74 ▲ 1.49% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.55% USD/TTD 6.73 ▲ 1.10% EUR/BRL 5.77 ▼ 0.86% BRENT 93.38 ▲ 2.60% WTI 86.39 ▲ 1.74% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.08% GOLD 4,149 ▲ 1.92% SILVER 60.15 ▲ 2.24% SOY 1,231 ▲ 0.90% CORN 480.75 ▲ 6.18% WHEAT 691.00 ▲ 1.92% COFFEE 317.05 ▼ 4.49% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 144.15 ▲ 0.24% COTTON 80.43 ▲ 1.86% COCOA 5,458 ▼ 2.66% BEEF 221.00 ▼ 2.50% CATTLE 340.35 ▼ 2.63% LITHIUM 69.40 ▲ 0.46% PETR4 42.30 ▲ 1.54% VALE3 74.07 ▲ 2.53% ITUB4 42.63 ▲ 0.24% BBDC4 18.70 ▲ 0.81% ABEV3 15.95 ▲ 0.95% BBAS3 20.91 ▲ 0.14% B3SA3 15.47 ▲ 1.98% WEGE3 45.86 ▲ 7.98% PRIO3 59.28 ▲ 1.89% SUZB3 42.15 ▲ 1.25% RENT3 36.83 ▲ 0.77% AZZA3 17.42 ▼ 0.34% CSAN3 3.89 ▲ 2.91% RAIZ4 0.28 ▲ 3.70% PCAR3 2.75 ▲ 0.73% GMAT3 3.88 ▲ 1.31% PSSA3 53.98 ▲ 0.93% CVCB3 1.15 ▲ 2.68% POSI3 3.70 ▲ 0.54% SLCE3 13.94 ▲ 1.38% NATU3 8.76 ▲ 0.57% BRKM5 5.87 ▲ 2.80% RANI3 7.98 ▲ 1.14% CSNA3 5.24 ▲ 3.56% CMIN3 5.89 ▲ 5.56% USIM5 8.57 ▲ 1.30% GGBR4 23.80 ▲ 1.32% ENEV3 25.53 ▲ 0.43% CPFE3 46.18 ▼ 0.47% CMIG4 11.03 ▲ 0.09% EQTL3 39.02 ▲ 0.49% LREN3 13.48 ▲ 1.58% VIVT3 35.66 ▼ 0.39% RAIL3 13.52 ▲ 2.11% KLABIN 17.84 ▲ 1.42% RAIA DROGASIL 18.12 ▼ 0.06% RDOR3 34.14 ▲ 0.65% HAPV3 11.52 ▲ 2.49% FLRY3 16.71 ▲ 0.97% SMTO3 15.85 ▲ 1.73% UGPA3 32.17 ▲ 1.10% VBBR3 34.26 ▲ 0.91% BBSE3 41.80 ▲ 0.60% BPAC11 56.02 ▲ 1.17% CURY3 30.18 ▲ 0.77% AERI3 2.07 ▲ 1.47% VIVARA 21.56 ▲ 0.70% COMPASS 24.63 ▲ 0.78% VAMOS 3.18 ▲ 2.91% SANB11 26.79 ▼ 1.54% ASAI3 8.43 ▲ 2.18% SBSP3 28.73 ▲ 0.45% WALMEX 49.24 ▲ 0.18% GMEXICO 208.68 ▼ 0.14% FEMSA 227.31 ▲ 0.25% CEMEX 22.02 ▼ 0.23% GFNORTE 187.02 ▲ 0.66% BIMBO 59.40 ▲ 0.02% TELEVISA 9.77 ▲ 0.10% AMX 22.76 ▲ 0.09% GAP 378.94 ▲ 0.11% ASUR 273.83 ▼ 0.41% OMA 226.51 ▲ 0.11% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.55 ▲ 0.39% SQM-B 64,540 — 0.00% COPEC 6,450 — 0.00% BSANTANDER 79.01 — 0.00% FALABELLA 5,919 ▲ 1.18% ENELAM 84.53 — 0.00% CENCOSUD 2,028 — 0.00% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 — 0.00% LATAM AIR 24.20 — 0.00% YPF 80,625 — 0.00% GGAL 7,965 ▲ 1.53% PAMPA 5,475 — 0.00% TXAR 679.00 ▲ 1.27% ALUAR 973.00 — 0.00% TGS 9,710 — 0.00% CEPU 2,340 — 0.00% MIRGOR 16,775 ▼ 2.04% COME 42.87 — 0.00% LOMA NEGRA 3,605 — 0.00% BYMA 292.25 — 0.00% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.77 ▲ 1.42% BANCOLOMBIA 83.98 ▲ 0.40% GRUPO AVAL 5.11 ▲ 0.29% CREDICORP 390.00 ▼ 0.28% SOUTHERN COPPER 189.67 ▲ 0.88% BUENAVENTURA 32.15 ▲ 2.88% MERCADOLIBRE 1,819 ▼ 0.22% NUBANK 14.35 ▼ 0.28% XP 16.90 ▲ 0.30% PAGSEGURO 9.56 ▼ 0.26% STONE 11.31 ▲ 0.49% GLOBANT 32.49 ▲ 1.22% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 218.22 ▲ 0.25% ASUR 273.83 ▼ 0.41% OMA AIRPORT 105.17 ▲ 0.90% AMX ADR 26.16 ▲ 0.25% FEMSA ADR 131.43 ▲ 0.82% CEMEX ADR 12.79 ▲ 0.71% PETROBRAS ADR 18.77 ▲ 1.24% VALE ADR 14.61 ▲ 2.53% ITAU ADR 8.42 ▲ 0.18% SANTANDER BR 5.38 ▼ 0.55% AMBEV ADR 3.13 ▲ 0.48% CSN 1.04 ▲ 4.00% GERDAU 4.74 ▲ 2.05% LATAM ADR 51.23 ▼ 0.66% BTC 65,866 ▼ 0.96% ETH 1,939 ▲ 0.56% SOL 77.80 ▼ 0.40% XRP 1.14 ▼ 0.09% BNB 571.88 ▼ 0.30% ADA 0.17 ▲ 0.61% DOGE 0.07 ▼ 0.63% AVAX 6.55 ▼ 0.17% LINK 8.67 ▲ 0.29% DOT 0.84 ▼ 0.81% LTC 46.79 ▼ 0.06% BCH 221.15 ▼ 1.14% TRX 0.33 ▲ 0.05% XLM 0.19 ▼ 1.26% HBAR 0.07 ▲ 2.64% NEAR 1.88 ▼ 2.64% ATOM 1.47 ▼ 1.08% AAVE 97.72 ▲ 2.25% SELIC 14.25% EMBRAER 83.97 ▲ 1.60% EMBRAER ADR 65.84 ▲ 0.57% JBS 12.06 ▲ 0.92% JBS BDR 61.09 ▲ 1.44% MBRF3 15.38 ▲ 1.79% MBRFY 2.97 ▲ 0.68% INTER 5.55 ▼ 0.54%
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Wednesday, July 22, 2026

El Salvador’s Assembly Fast-Tracks Constitutional Reform

By · May 1, 2024 · 2 min read

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In El Salvador, a swift constitutional amendment by the Legislative Assembly has ignited debates on democracy and governance.

On Monday, the assembly approved a crucial change, speeding up constitutional reforms.

This amendment, passed without much prior analysis, received a majority of 65 votes from the ruling Nuevas Ideas party. This change alters a longstanding procedure set since 1983.

Previously, the constitution mandated a simple majority in one session and a two-thirds majority in the next for amendments.

Now, it requires only a three-fourths majority within the same period, thus expediting the process.

President Nayib Bukele’s party, which will dominate the upcoming 2024-2027 legislature, pushed for this amendment.

El Salvador's Assembly Fast-Tracks Constitutional Reform. (Photo Internet reproduction)
El Salvador’s Assembly Fast-Tracks Constitutional Reform. (Photo Internet reproduction)
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They argue it equips the government to swiftly address the rapid changes and demands of Salvadorans. Ernesto Castro, President of the Assembly, stated this necessity clearly.

Deputy Carlos Hermann Bruch from Nuevas Ideas championed the amendment, emphasizing the benefits to future Salvadoran generations.

However, opposition voices like Claudia Ortiz from Vamos and Marcela Villatoro from ARENA have raised concerns.

They claim the amendment could disrupt democratic balances, charging the ruling party with grabbing too much power and skewing governance rules.

Ruth Eleonora López, a leader in anti-corruption, argues this move mirrors steps towards authoritarian rule typical in dictatorships.

With Nuevas Ideas party holding the majority, these constitutional changes could significantly affect the political landscape.

These changes might alter how governance, power distribution, and democracy operate in El Salvador.

As President Bukele starts his second term, these changes could significantly shape his legacy and El Salvador’s future.

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