The private sector is opposed to the conditions in the third reform package the outgoing government intends to implement, claiming that state expenditures should be reduced first.
More control of public spending and no new taxes are the demands from employers to the government, which aims to increase government revenues with a third reform and the issuance of $800 million in bonds.
Businessmen want to expedite the process of approval by the Legislature, in which Proesa is the governing body, and which may include water and sanitation projects.
Members of the Council for Growth are seeking Congressional support in order to make three amendments to the Special Act on Public-Private Partnerships.
Carlos Guerrero, private sector representative on the Board and president of the Salvadoran Chamber of Construction (Casalco) explained that the reforms revolve around three themes. "One is to expedite the approval process of a partnership in the legislature. Currently, a project has to gain approval of the Assembly many times," noted an article in Elmundo.com.sv.
Some of the main businesses from El Salvador will be advocating for the realization of Fomilenio II and for a deepening of the Association for Growth pact signed between the two countries two years ago.
From a press release by the Presidency of El Salvador:
A delegation from the National Council for Growth will make an official visit to Washington DC from 24 to 26 June, where meetings will be held with senior government officials and the Congress of the United States, under the framework of the first 18 months of the Partnership for Growth.
The School of Business and Economics (ESEN in Spanish) is inviting young talented Salvadorans to form part of its student body.
In a ceremony held to mark a change of management, the new Director General, Everardo Rivera Bonilla, "... invited young bachelors to come to the college ' without fear or doubt, regardless of economic status, to register, sit exams and aspire to join the select group of students'.
Government and private enterprise agreed on creating a market economy that generates wealth and distributes it equally.
At the tenth edition of the National Encounter of the Private Enteprise (ENADE), which is organized by ANEP, the country's businessmen dialogued with President Mauricio Funes. They demanded greater certainty as to where the country is headed, less red-tape and permanent stability, regardless of the current administration.
Real Hotels & Resorts (RHR) is planning to double in size over the next two years.
The new projects, which should all be completed at the end of the next year, are spread over Central America from San Pedro Sula (Honduras), to the expansion of the Real Quality Hotel (Airport) in El Salvador, to a new project - Club Tower - annexed to the Real InterContinental Hotel in Escazu, San Jose (Costa Rica).
The new Club Tower and Spa, the biggest in the region, are now the main feature in the new image of the Real Inter-Continental Hotel & Club Tower Costa Rica.
Prominent designers contributed to make the new Real Inter-Continental Hotel a site of comfort and pleasure.
The new spa is the biggest in Costa Rica and offers a series of unique services which make visits to the site a unique and exclusive experience.
español
6404
