According to the IMF, in the first half of the year, the Salvadoran economy increased above the estimated potential, the inflation remained low and the fiscal position was better than expected.
From the International Monetary Fund statement:
An International Monetary Fund (IMF) team, led by Ms. Alina Carare, visited San Salvador from November 12 to 16, 2018 to discuss recent economic and financial developments.
Citizens are less than two months away from going to a ballotage to elect a new government without having discussed the country's priority issues, even though some of them require urgent attention and a deep national discussion in order to find a solution.
In El Salvador, the decision taken by the Sanchez Ceren administration not to attend the main business event in the country reveals either disinclination, inability to govern, or simple political manichaeism.
EDITORIAL
Maybe it is a persistence of visualizing the world as it was in the last century, dividing it into two antagonistic parties, capital on the one hand and labour on the other.
The 3rd Summit of the Community of Latin American and the Caribbean resulted in an expected collection of platitudes which can be summarized by everyone willing to "be rich and healthy and not poor and sick", plus a media show of diplomatic excesses.
EDITORIAL
The meeting was attended by all the leaders who were able to, obviously not because they expected to accomplish anyhing that might benefit the people of their respective countries, but simply because "you have to be there".
Free parking in Panama and heavy trains running through the streets of the capital of Costa Rica, are examples of some of the strange decisions taken by their governments.
EDITORIAL
While the rest of the world discourages the use of private cars as a means of transportation, increasing the costs of their use by setting, among other methods, high costs for parking in urban areas, in Panama, whose capital city suffers like any other city from the growing problems of congestion on the roads, the National Assembly recently passed a law that mandates free parking in "commercial parking lots of any kind or public offices where purchases are made, goods acquired or any services received. "
Employers in the region are complaining about a lack of long-term development policies, and are asking for Government transparency, effectiveness and legal certainty, so that they can continue investing in the region.
During a meeting between businessmen and government called 'Expanding opportunities: promoting the private sector and job creation', entrepreneurs from different sectors shared their concerns and views on the investment climate in the region.
A survey carried out by CID-Gallup on the perceptions of Central Americans regarding the direction of their countries shows pessimism in Guatemala, Costa Rica, El Salvador, and Honduras.
From a statement issued by CID-Gallup:
The Dominican Republic, Panama and Nicaragua are the nations in the region with the best direction for the country.
This is the result of a series of public opinion surveys that CID / Gallup Latin America carries out every year in September in Central America and the Dominican Republic. The survey has a minimum reach of 1200 households and is a representative sample of the national population.
Avoiding the generation of power using fossil fuels is a necessary goal, but alleviating the energy poverty in which millions of Central Americans find themselves is a priority.
EDITORIAL
Bjorn Lomborg's article published in Laprensagrafica.com analyzes the difficult choice between taking measures to prevent global warming, and facilitating the use of cheap fossil fuels -carbon- for 1,200 million poor people in the world.
Out of the $80 million awarded in Costa Rica to the Limón Port City Project 5 years ago, only 12% of it has been spent, mainly on paying the salaries of public officials connected to the project.
Editorial
A few months ago a controversy arose in Spain over the allocation of funds for development, such as low-interest financing for development projects by a private construction company.