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The Government of El Salvador and the Inter-American Development Bank Group (IDB Group) today launched El Salvador Crece a strategic initiative that seeks to promote investment, accelerate reforms, and drive high-impact policies that will boost economic growth, strengthen national productivity, and generate employment.
El Salvador Crece is a program of the IDB Group’s LAC Crece platform, presented this year during the Annual Meetings in Asunción, Paraguay, to support Latin American and Caribbean countries in designing and implementing private sector-led economic development agendas.
The launch comes at a time when El Salvador has achieved significant transformations in citizen security, macroeconomic stability, tourism development, and the recovery of investor confidence. These factors have contributed to strengthening the country’s economic outlook: the risk spread experienced a historic reduction, falling from more than 3,500 basis points in july 2022 to approximately 326 basis points by the end of 2025, the year in which the economy registered 3.9% growth.
The program will focus on five priority areas: macroeconomic stability, housing and urban development, tourism, financing for micro, small, and medium-sized enterprises (MSMEs), and internationalization and investment attraction. It will also place special emphasis on developing the coastal economy as an engine of growth and opportunity creation.
“El Salvador has created conditions that allow us to envision a new stage of growth. Now the challenge is to translate the progress achieved into more investment, more productivity, and more opportunities. With El Salvador Crece the IDB Group will work alongside the country to identify and sequence reforms, mobilize financing, and accelerate projects that will help drive sustainable long-term growth”, said IDB Group President Ilan Goldfajn.
Finance Minister Jerson Posada emphasized: “All our energy is focused on accelerating the economy and productivity, and this is where the El Salvador Crece platform takes on enormous strategic value. It functions as an accelerator and a high-impact mechanism for the execution of our sovereign agenda, allowing us to move from planning to implementation, coordinating, under a sequential logic, enabling public investment, regulatory reforms, and the large-scale mobilization of private capital”.
The launch took place during the event “El Salvador Grows: Investment to Accelerate Growth”, which brought together government officials, business leaders, financial institutions, international investors, and academics. The meeting facilitated the alignment of public and private priorities, the identification of investment opportunities, and the analysis of conditions to strengthen the business climate, expand access to financing, and accelerate the execution of strategic projects.
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