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The World Bank’s project portfolio in El Salvador reached US$1.812 billion through october 2025, as announced during a high-level meeting between Vice President Félix Ulloa Jr. and representatives of the multilateral organization. These funds support key initiatives for national development in areas such as health, education, youth and employment, water, transportation, municipal markets, and geothermal energy, as well as supporting collaboration with the private sector and institutional strengthening.
The meeting included the participation of the World Bank’s Global managing director, Wencai Zhang; the director of Strategy and Operations, Ayat Soliman; and the Country representative, Carine Clert, with the objective of evaluating the progress of joint projects and defining future courses of action.
During the meeting, Vice President Ulloa highlighted that El Salvador is undergoing a process of structural transformation, driven by the arrival of President Nayib Bukele, with an emphasis on improving security, strengthening the economy, and consolidating a modern and inclusive state. He also underscored the progress made in reducing the digital divide, noting that El Salvador is the only country in the region that has provided an electronic device with access to Google Classroom to all students in the public school system.
Ulloa explained that the government is promoting strategies aimed at generating employment and attracting investment, including the adoption of a legal tender cryptocurrency and new tax incentives to boost the economy. In this context, the partnership with the World Bank has been fundamental in strengthening capacities and enhancing strategic projects.
The Vice President also highlighted the role of the Escuela Superior de Innovación en la Administración Pública (ESIAP), which has trained more than 14,000 public servants, promoting professional, efficient, and results-oriented government management. The Director Wencai Zhang acknowledged the progress made by El Salvador in physical and digital infrastructure, foreign trade, and institutional strengthening.
He reaffirmed the World Bank’s commitment to continue supporting the country in job creation and the training of public servants.
Finally, Representative Carine Clert announced an upcoming visit to the geothermal project in Chinameca, the second of the three main renewable energy generation hubs being developed in the country.
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