IDB President Ilan Goldfajn stated that the program’s implementation comes at a key moment for the country, as current conditions allow it to move toward a new stage of economic growth.

Goldfajn said the challenge lies in conveying the progress achieved into greater investment, productivity, and opportunities.

To this end, the finance institution will work with the Salvadoran Government to identify and implement reforms and projects.

The IDB highlighted the transformations El Salvador has undergone in citizen security, macroeconomic stability, tourism, and the recovery of investor confidence.

Finance Minister Jerson Posada affirmed that the initiative is a strategic tool for accelerating the economy and productivity by facilitating the transition from planning to execution of public investments and the mobilization of private capital.

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