El Salvador: Economy is Losing Momentum

According FUSADES in the last three months the Salvadoran economy continued to show signs of advanced deterioration.

Wednesday, November 19, 2014

From a statement by the Salvadoran Foundation for Economic and Social Development (FUSADES):

In the third quarter of 2014 the Salvadoran society has found opportunities for economic dialogue in order to address the challenges of low growth, unemployment, migration, and growing public debt.

Opportunities are appearing, among others, through the signing of Fomilenio II and the presentation of the Alliance for Prosperity of the Northern Triangle, in order to seek together a new course for the country and the region.

This is timely, given the weak economic growth and public finances which come at a time of an uncertain global economic environment.

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