The president of the Inter-American Development Bank (IDB), Ilan Goldfajn, held a fruitful meeting with the president of El Salvador, Nayib Bukele. During the meeting, both leaders reaffirmed their commitment to strengthen the country’s economy through collaboration between the public and private sectors.
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The IDB announced that it will allocate more than $1 billion in financing by 2025 to promote key projects in infrastructure, social development, and sustainability. This investment seeks to generate a positive impact on the quality of life of salvadorans and strengthen the country’s competitiveness.
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In addition, IDB Invest, the group’s private sector-focused entity, will offer financial support to strengthen local companies, attract foreign investment and promote job creation. This support will enable salvadoran companies to access greater opportunities for growth and expansion.
The alliance between the IDB and El Salvador reinforces a common vision of sustained economic development, in which business stability and dynamism play a fundamental role. With these initiatives, the country is moving towards a more prosperous and inclusive future.
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