El Salvador Needs a Government That Encourage Investment

One of the reasons for the poor performance of the Salvadoran economy is the uncertainty about political behavior at every election.

Wednesday, August 7, 2013

This was stated by Director of Economic and Social Affairs of the National Association of Private Enterprise (ANEP), Waldo Jimenez, who added that "... as time has gone on the Salvadoran economy has grown less, and what that means for citizens is that the country has less and less capacity to generate wealth ... ".

In his view, the causes of the slowdown in the economy are related to "political uncertainty generated by the behavior in every election, also in every plenary meeting, because every session is a roulette, we do not know what laws are going to come up and normally the laws they end up approving affect investors, private companies and citizens ... ".

"... What the country needs is a good administrator, a government that promotes investment, a government that simplifies procedures that are created in order improve, that encourages that more investment in infrastructure, more investment in power", the business leader said in an interview with Lapagina.com.sv.

More on this topic

Dominican Rep. Vandalism Affects Investment Climate

April 2015

The recent attacks disguised as "legal" occupations that have been reported in private companies undermine the country's image and economic growth.

The Coca-Cola bottling company in the Dominican Republic, Bepensa, is the latest company to report an attack which resulted in property damage and losses in production.

Critical Situation in El Salvador

September 2014

The business sector indicates that the country is going through a deep fiscal, economic, social, institutional and public security crisis.

From a statement issued by the National Association of Private Enterprise (ANEP):

The business sector agrees with the feeling of the population expressed in surveys and different areas of opinion regarding the fact that the country is going through a deep fiscal, economic, social, institutional and insecurity crisis.

Reduced Investment in El Salvador

May 2013

Lack of policies for attracting investment and the climate of insecurity both legally and for citizens is scaring away local and foreign investors.

In terms of Foreign Direct Investment (FDI), this barely grew, by $22 million, during 2012, closing with $463 million while the previous year it had been $441 million.

What Do Costa Rica Businessmen Want

February 2010

Easier government procedures, security, sufficient energy, linking education with development, infrastructure and modern labor laws.

UCCAEP, the Union of Costa Rican Private Enterprise Chambers and Associations, submitted president-elect Laura Chinchilla a list of 10 things they consider crucial for the country to move forward:

 close (x)

Receive more news about Business and Investment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Take Back Your Life. Costa Rica $100,000 Income & Residency

Property has Everything – Location, Privacy, Ocean Views, Profitable Coffee, Waterfalls, 20 Segregated and Titled Building Sites, Farm Manager.
Very Profitable, $100,000, Coffee Farm, 70 Acre: 30,000...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Jan 22)
Brent Crude Oil
Coffee "C"