The New Salvadoran Economic Team
Federico Colorado, president of the National Association of Private Enterprise, welcomed the appointments announced by the president-elect.
Wednesday, May 27, 2009
Economist Alexander Segovia will be technical secretary to the presidency, legislator Héctor Dada Hirezi will be Minister of the Economy, economist Carlos Cáceres will be Finance Minister and economist Carlos Acevedo will be president of the Central Bank. Legislator Gerson Martínez will head Public Works and economist Manuel Sevilla will be Minister of Agriculture. In addition, electrical engineer German Rosa Chávez will be Minister of Environment and Natural Resources.
Armando Flores, until recently the Deputy Minister for Trade and Industry, has replaced Hector Dada Hirezi.
Economy Minister Hector Dada and the president of the Salvadoran Association of Industrialists Javier Siman, have released a document entitled "Industrial Policy 2011-2024."
This was stated by Carlos Acevedo, president of the Central Bank, in response to a proposal to return to the Salvadoran colón.
The government is trying to compensate exporters for the loss of the 6% tax incentive dubbed 'drawback'.
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