A. M. 
Courtesy
The deputies of the Finance Committee issued three favorable rulings with which they seek to implement various social development programs. The first of them contemplates an amendment to the 2024 Budget Law, in the part that corresponds to the Government and Territorial Development branch, in order to incorporate US$18 million.
These funds come from external loans, so that this institution can use this money to start with the execution of three investment projects within the framework of the “Program for the Strengthening of Public Spaces for the Sustainability of Security and Recovery of the Social Fabric in El Salvador”.
According to the Deputy Director General of Investment and Public Credit of the Ministry of Finance, Delia Reyes, there are three projects that will be developed with these funds:
Social integration and local development program, through the promotion of arts and cultural activities in the historic center of San Salvador, this will require the investment of US$13. 56 million. This money will be used to purchase land in the block of the former Libertad movie theater.
In addition, the building of that movie theater will be designed, reconstructed and equipped, so it will have projection rooms, multipurpose rooms, among other improvements.
A second plan is the program to improve infrastructure, equipment and digital innovation in priority tourist destinations nationwide, for which US$2.84 million will be required.
Finally, the institutional strengthening program will be executed by the executing unit and the amount will be US$1.60 million.
The programs will contribute to increase tourism activity in the country, considering that approximately 5.9 million domestic and foreign tourists visit the historic center each year, which will help develop the economy.
