dinero_admin The Legislative Assembly has taken a significant step toward strengthening the country’s agricultural sector, approving a key budget reform. This measure injects US$40 million into the Agriculture and Livestock sector, redirecting funds from the Ministry of Finance to priority initiatives.
This strategic decision, promoted by the President of the Republic through the Ministry of Finance, seeks to boost production and food security. The decree was approved quickly, demonstrating a firm commitment to rural development.
A fundamental part of these funds, US$30 million, will be allocated to the Bono Agrícola program. This economic boost will directly support producers, promoting innovation and competitiveness in the countryside.
The remaining US$10 million will strengthen the country’s logistical capacity for food supply and security. This will be managed through the Dirección General de Vinculación Territorial y Abastecimiento, seeking to optimize the distribution of agricultural products. These resources come from funds identified as available within the current Treasury budget, which would not be used in the current fiscal year 2025.
This budget reform translates into direct and substantial support for salvadoran producers, farmers and ranchers. The funds earmarked for the Agricultural Bond will provide them with vital capital to invest in improved seeds, fertilizers, technology, and tools, which will enable them to increase the productivity and quality of their crops and livestock. In addition, the remaining $10 million will strengthen supply logistics, ensuring that their products can reach markets more efficiently and safely, reducing losses and improving their incomes.
AES El Salvador invierte US$7.3 millones en nuevo Centro Integral de Operaciones
