A. M. The deputies of the Legislative Assembly authorized the Executive Branch to sign a loan agreement with the International Bank for Reconstruction and Development (IBRD) for up to US$250 million, intended to strengthen the country’s fiscal sustainability. The loan was approved with 57 votes.
The program, called the “Development Policy Loan for Fiscal Sustainability and Resilience in El Salvador”, will allow the Government to implement measures to ensure the maintenance of a responsible macroeconomic policy.
The resources will contribute to strengthening economic resilience and supporting actions taken within the framework of fiscal responsibility, ensuring the continuity of priority programs for the population.
The legislative initiative seeks to ensure that El Salvador has modern fiscal management tools to address financial challenges, preserve economic stability, and fulfill its international commitments.
Government officials emphasized that this financing is part of a comprehensive strategy to ensure the country maintains a solid economic foundation capable of withstanding external shocks and generating sustainable growth.
