El Salvador: Economy AdriftBusinesses from the National Development Foundation (Funde) indicate that, after two years of rule by Mauricio Funes, the country’s economy lacks clear direction.Thursday, September 1, 2011
With an eye on the threat of a new global recession, the government is being accused of failing to take advantage of the surge in tax revenues and remittances from abroad to do work "that will generate productivity, instead of the contrary, spending all its income on subsidies and salaries for public employees. " Source: elsalvador.com ¿Busca soluciones de inteligencia comercial para su empresa?El Salvador: Economic Recovery PlanJanuary 2020 Nayib Bukele announced that his administration will implement the "Economic Takeoff Plan", which aims to create the conditions for the economy to grow above 3.5%. Guatemala: Is it Possible to Increase Competitiveness?February 2018 The plan proposed by the Morales administration to increase the country's competitiveness focuses on the development of forestry, agriculture, textiles, clothing and footwear, metalworking, light manufacturing, tourism and construction, among other things. El Salvador Not Complying with IMF RecommendationsMay 2016 "We, at this moment in time, do not believe that these recommendations should be promoted because we are carrying out a series of readjustments that we believe are more relevant". IMF Visits Honduras for Credit NegotiationsSeptember 2010 The visit marks the resumption of negotiations for a $220 million loan to go toward financing the 2011 budget.
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