A. M. 
El Salvador played an important role in the discussion on the impact of remittances on the region’s macroeconomy. According to the Secretaría Ejecutiva del Consejo Monetario Centroamericano (SECMCA), remittances represent a key driver for the economy of Central America and the Dominican Republic. For this reason, the XVIII Central Bank Researchers Forum was held.
The forum focused on the analysis of remittances, a crucial issue for Central America and the Dominican Republic, where these transfers are vital for the local economy. Researchers presented 18 technical papers that addressed how remittances influence economic activity, inflation and unobserved variables such as the neutral interest rate.
The participation was remarkable, with close to 100 attendees, both face-to-face and virtual, and the contribution of more than 25 researchers. This highlights the growing interest in relevant economic issues affecting the region, especially in the context of the climate crisis.
In addition to researchers from member central banks of the Consejo Monetario Centroamericano (CMCA), the event was attended by officials from the Central American Bank for Economic Integration (CABEI) and the Bank of Spain, as well as the Superintendency of Banks of the Dominican Republic and Panama.
Since its inception in 2007, the forum has established itself as a permanent space for the dissemination of scientific and economic knowledge, promoting a vital dialogue between financial institutions and the general public on issues that impact the region’s economic development.
