
The Legislative Assembly has taken a fundamental step toward boosting the country’s economic and tourism development by approving, with waiver of the necessary procedures, two strategic loans with the OPEC Fund (Organization of the Petroleum Exporting Countries).
This capital injection totals US$100 million and will focus on two key areas for national growth and infrastructure.
Sustainable Rural Development: US$30 Million
An initial loan of US$30 million will be allocated to the Sustainable, Inclusive, and Nutritional Economic Development Program for Rural Areas. This program is crucial because it seeks to:
• Boost the rural economy through inclusive projects.
• Improve nutrition and quality of life in less developed communities.
• Promote sustainable development that reduces territorial gaps in the country.

Tourism infrastructure and regional development: US$70 Million
The second loan, for US$70 million, will finance the Surf City Program Phase 1. This project is classified as vital for the economic development of the eastern part of the country, pursuing the vision of replicating the success of investments in other areas. The funds will be used to:
• Provide adequate infrastructure to the benefited areas.
• Guarantee adequate services, such as water sanitation, which is essential for the development of the tourism industry.
• Attract additional investment and consolidate the region as a development hub, taking advantage of the tourism potential of the salvadoran coast.

The approval of these loans underscores the legislators’ commitment to modernizing infrastructure and creating the necessary conditions for capital, both domestic and foreign, to continue energizing the economy throughout El Salvador.
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