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The minister of Hacienda of El Salvador, Jerson Posada, held a meeting with the vice-president for Latin America and the Caribbean of the World Bank, Susana Cordeiro Guerra, where both parties reaffirmed their commitment to continue strengthening cooperation to boost the country’s economic development and fiscal sustainability.
During the meeting, the Hacienda holder highlighted that El Salvador is consolidating itself as a strategic partner for investment, while also thanking the technical and financial support provided by the international organization, which supports initiatives aimed at strengthening public finances and promoting economic growth.
Under the leadership of President Nayib Bukele, key sectors such as tourism are acquiring a leading role in the dynamization of the national economy. As he explained, this strategic investment on the ground contributes to the generation of employment, which also strengthens the State’s income by increasing productive activity throughout the territory.
The vice-president of the World Bank for Latin America and the Caribbean expressed that, during the meeting, the main development priorities of El Salvador will be addressed, as well as the opportunities to continue supporting the country’s economic agenda.
“In a meeting with the minister of Hacienda we talked about the development priorities of El Salvador and how to continue supporting its growth and fiscal resilience agenda”, said Cordeiro Guerra, highlighting furthermore that the country’s tourist potential was one of the central themes of the conversation, due to its impact as a driver of employment and sustainable development.
He reaffirmed the World Bank’s commitment to support the initiatives promoted by El Salvador. “The World Bank Group is committed to supporting the country’s ambitious agenda”, he said, in reference to the organization’s interests and continuing to collaborate with projects that strengthen the economy and fiscal stability.
The meeting reflects the continuity of cooperative relationships between El Salvador and the World Bank, focused on promoting sustainable growth, strengthening institutional capacities and generating favorable conditions for investment.
In this context, tourism stands out as one of the strategic objectives for the country’s economic development, boosting employment generation, attracting investment and contributing to the strengthening of public finances.
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