dinero_admin The Finance Committee of the Legislative Assembly issued a favorable opinion for the Government of El Salvador to sign a loan with the International Bank for Reconstruction and Development (IBRD) for up to US$250 million. The objective is to continue strengthening the country’s fiscal sustainability and resilience in the face of economic challenges.
The financing will enable the implementation of the program called “Development Policy Loan for Fiscal Sustainability and Resilience in El Salvador”. This project seeks to support the measures adopted in fiscal responsibility and ensure the continuity of an appropriate macroeconomic policy.
During the session, the Director General of Investment and Public Credit at the Ministry of Finance, Marlon Herrera, highlighted that the program will provide key fiscal management tools for more efficient management of the economy. According to the official, the measure will strengthen the monetary framework and the State’s capacities in the administration of public resources.
This loan is part of the government’s strategy to ensure medium- and long-term economic stability, especially in an international context characterized by economic stability. The investment will be subject to responsible and transparent use of funds.
With this step, El Salvador continues to position itself as a country that prioritizes fiscal balance and economic planning, seeking to protect the well-being of the population and lay a solid foundation for sustained growth.
