A. M. 
The Legislative Assembly of El Salvador approved an amendment to the 2026 General State Budget to allocate US$251,160 to the Ministry of Finance of El Salvador, with the aim of strengthening the implementation of the Program for the Transformation of the Business Climate in the country.
The initiative was supported with 57 votes during the plenary session and is part of a strategy aimed at improving the environment for the private sector, facilitating conditions for investment and economic development.
Program focus
The Program for the Transformation of the Business Climate seeks to improve the country’s competitiveness through actions such as trade facilitation, modernization of customs services, and the simplification and digitization of procedures.
These measures are designed to reduce time, costs, and barriers for businesses, promoting a more agile and efficient environment.
Destination of the allocation
The approved allocation will be used for the project entitled “Institutional Strengthening, Component 4”, focused on the operation of the Program Management Unit.
This unit is responsible for coordinating, supervising, and monitoring the implementation of the actions outlined in the strategy.
The funds will cover key operating expenses, including the contracting of external audits for 2026 and 2027, as well as the necessary technical support for the team responsible for executing the program.
Source of funds
The resources come from a $75 million loan from the Andean Development Corporation (CAF), a multilateral organization that finances development projects in the region.
This financing is part of a broader plan focused on modernizing key processes related to trade and business activity in El Salvador.
Context of financing
The loan backing these funds was authorized in june 2023 and ratified in july of the same year, as part of the country’s efforts to promote structural reforms that foster economic growth.
With this measure, the authorities seek to consolidate progress in institutional modernization and create more favorable conditions for investment and development in the productive sector.
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