E.S OUTSTANDING UPDATED RECAP NEWS (Dec.2021-Jan.2022)

President Nayib Bukele highlights development advances and excellent pandemic management in his Christmas message.

The President of the Republic, Nayib Bukele and the First Lady, Gabriela de Bukele, sent a message of hope, peace and love for Salvadorans, this Christmas and New Year’s season. The head of state highlighted the enormous progress El Salvador has made in terms of economic development and the excellent pandemic management by COVID-19.

This year we have begun to build some of our greatest dreams. In which will allow us to inherit a better legacy to our future generations. It has not been just any year. We are still recovering from the global effects of the pandemic.  Sometimes it is hard to think that we are two years into the pandemic. This is our second Christmas fighting it.

The achievements obtained in 2021, despite the fact that the country is in a pandemic, have been great and have been highlighted on an international scale.

Thanks to the timely measures implemented by the Government of President Bukele, El Salvador will close with a Gross Domestic Product (GDP) growth of 10.3%, consolidating as the only one with pre-pandemic production recovery records, according to the Central Reserve Bank (BCR), reinforced by the International Monetary Fund (IMF).

The Government also implemented the reconstruction of national hospitals and the completion of one of the best in Central America for the care of COVID-19 patients, through the Hospital El Salvador, as well as the protection of Salvadorans through vaccination, community screening days, among other measures.

The construction of mega-projects in road infrastructure, development and inclusion works for the youth, such as the Urban Centers of Wellbeing and Opportunities (CUBO); as well as the constant support to the economy of Salvadoran families, are also part of the articulated work of the Government.

“To have the country we dream of we do not only need to have the best infrastructure or economy, we also need love and sharing with our loved ones. Christmas is a time to reflect and look back on all that we have achieved and continue fighting to have the country we dream of,” said the head of state.

The president expressed his best wishes for Salvadoran families during his speech and affirmed that this Christmas and New Year’s season is the opportunity to bring loved ones and family closer together.

“Let’s take the opportunity to get closer to those we love with a visit, a hug or a call, may our best gift be our affection. Merry Christmas and Happy New Year Gabriela, my daughter Layla and I wish you,” said the President.

For President Bukele’s government, one of its priorities is the development of the country, but also an integral part is based on love and affection towards Salvadorans. For this reason, Christmas is a time of coexistence and healthy fun, promoting family unity.

HEALTH

COVID-19 infections in El Salvador have fallen to lowest point since May last year

The President of the Republic Nayib Bukele highlighted the favorable rates that El Salvador maintains two years after the beginning of the COVID-19 pandemic. Infections have fallen to the lowest point since May of last year.

COVID-19 infections have fallen to their lowest point since May 4, 2020 (when much less testing was being done and the pandemic was just beginning). Infections have never been harder to find, and are still difficult to find in hospital flu kits.

The update of the infections detected on December 23 details that 37 people tested positive to the PCR test, with the same number of tests performed in each screening.

El Salvador Hospital, with a capacity for more than one thousand patients, is practically empty; therefore, some areas have been closed for disinfection and repairs.

The hospital beds available for COVID-19, throughout the country, have an occupancy rate of 4%.

The President expressed that in spite of the havoc that the omicron variant is causing in other countries, with sudden increases of COVID-19 patients, in El Salvador a team of epidemiologists is working in analysis and have structured a positive hypothesis “that we hope to confirm in the next weeks”, he assured.

For his part, the Minister of Health, Francisco Alabi, expressed his satisfaction with the work developed in these two years to safeguard the lives of the population.

It has been a long road, but thanks to the effort of every Salvadoran, the commitment of health personnel and the vision and leadership of President Nayib Bukele: This Christmas we are granted the lowest number of infections, together we can overcome this disease and many more.

PUBLIC INFRASTRUCTURE

Three superhighways inaugurated this year by the Government of President Nayib Bukele

The strategic vision of President Nayib Bukele has been materialized this year, among other things, with the first level major road works that have been successfully completed for the benefit of the population.

One of these is the bypass Road to Surf City, a work that since its inauguration last February has brought development to the coastal area in the department of La Libertad. This was one of the projects that past administrations abandoned and left marked by corruption.

However, thanks to the good management of the government of President Nayib Bukele, the project could be redesigned to make it a reality. The Camino a Surf City bypass has become an important direct connection to the Salvadoran coast.

In addition to this project is the Claudia Lars peripheral road, a modern 10.8 kilometer highway that speeds up traffic to Sonsonate and a good part of the tourist area in the western part of the country, benefiting more than two million Salvadorans. People who use this road will save time in their travels.

With the Claudia Lars peripheral road, not only is traffic in the area being decongested, but also the economy is being boosted, since 86% of the textile industry’s exports go through this route.

Another road infrastructure project is the Gerardo Barrios ring road, the largest project in the eastern part of the country in the last 50 years.

Due to the lack of will of past governments, the eastern zone went decades without seeing major projects. Finally, this year the first stage of this mega-project was inaugurated.

The investment in the Gerardo Barrios ring road amounts to $160 million and includes 21 kilometers of road, bridges, bicycle lanes, overpasses and the widening of roads.

Each of the works that are built in the Government of President Nayib Bukele have as main objective to improve the quality of life of salvadorans, in addition, to advance the development and economy of the country.

CITIZEN’S SECURITY

Government develops nationwide strategies to reinforce security measures this season

The Government of President Nayib Bukele implements different strategies throughout the territory, to reinforce measures aimed at protecting the integrity and patrimony of salvadorans during this season.

The Emergency Operations Center (COE) began operations on December 24 and will end on January 2. Through the COE, surveillance actions are maintained, information is received and emergency attention is directed from there, as part of the execution of the Christmas 2021 Plan. The objective is to provide a more agile and timely service.

In this context, the Fire Brigade reported that fires were extinguished in Texistepeque and El Congo, department of Santa Ana; in El Carmen, La Unión; and in several places in San Salvador. Thanks to the attention provided by the Fire Department, it was possible to prevent fatal consequences of the fires.

Likewise, Firefighters and the agencies participating in the above mentioned plan continued with the inspection of fireworks sales throughout the country. Up to December 24, more than a thousand inspections had already been carried out in the different modalities of sale: commercial establishments, collectives, among others.

With the MOP Assistance Plan, the Government has provided more than 100 roadside assistance services nationwide

During this vacation period, the Government of El Salvador through the Ministry of Public Works (MOP) activated since December 23 the MOP Assistance plan, a free towing service, available 24 hours a day, and with coverage throughout the country.

Since its implementation, more than 100 assistance services have been provided nationwide.

The service seeks to attend any road incident reported by drivers on the roads that requires towing services. In case you have a problem with your vehicle, run out of gas or have a flat tire, just dial 2510-0199 and the towing service will come to your location.

“The service is working 24/7 and is one of the traditions that since our first year in the Government we have made available to the population and has had very good results, it has served in this time to help many salvadorans,” said the Deputy Minister of Transportation, Saúl Castelar.

This road assistance plan will be available to the population until next Sunday, January 2.

The articulated work developed by the Government through all the institutions that make up the National Civil Protection System pursues the objective that salvadoran families can enjoy their vacations without major mishaps, however, it is always important the collaboration of the population.

The call is to drivers to check their vehicles before starting the trip. Authorities remain concerned about the increase in the number of vehicle fires. Up to December 20 there was an increase of 55% compared to the previous year.

On several occasions the Fire Department has urged motorists to make periodic revisions and preventive maintenance, especially in the electrical system of vehicles, since this is the main cause of this type of fires.

Security forces also increased their presence in residential areas of Ilopango.  The National Civil Police (PNC) and the Armed Forces maintained patrols in the area to ensure that residents had a quiet Christmas Eve celebration.  In the case of the Armed Forces alone, for example, 260 soldiers were deployed to support the actions of Phase 4 of the Territorial Control Plan, known as Incursion.

As part of the prevention actions, the Ministry of Environment and Natural Resources announced that the conditions for maritime recreational and work activities can be carried out without major setbacks, with precision, until December 30. The Environment stated that, in the short term, the weather will continue to be cool at night.

The COE can be reached at 2281-0888. Other emergency numbers are also available, such as 911 for the Police, 913 for the Fire Department and 132 for the Medical Emergency System.

ECONOMY

Services activities contributed to strong recovery during the third quarter of 2021

Data on the recovery of the Salvadoran economy reveal that practically all of the country’s productive activities have contributed to maintaining a stable pace, with high possibilities of it turning into growth in the short term.

Services, in particular, have shown a significant recovery. In fact, they have been determinant for both foreign trade and local activity.

The Government of President Nayib Bukele is implementing strategies to help improve conditions so that companies can take advantage of this period of recovery and build the foundations for sustained growth.

According to the Central Reserve Bank (BCR), in the third quarter of 2021 the services exports with the highest positive annual variations are manufacturing, with 157.4 %; travel, with 144.9 %; maintenance and repair, with 56.1 %; various call centers, with 20.9 %.

These numbers show that the quality of Salvadoran work stands out in different countries. Even in this period of economic difficulties, business partners appreciate and request to work with collaborators from El Salvador.

Meanwhile, tourism revenues increased by 145% by September 2021, compared to last year. This is explained by the fact that spending per foreign tourist increased 63 %, to $1,067. In addition, they are staying longer. In total, revenues reported up to the ninth month are $795 million, but the Ministry of Tourism indicated that by the end of November they have already exceeded $1 billion.

The Government implements initiatives that benefit businesses. Always in inter-institutional coordination, the Government continues with one of the best vaccination processes on an international scale, executes regulatory improvement plans, reduces the costs of paperwork, serves efficiently in its cargo terminals and proposes reforms to modernize the legal framework, in addition to providing legal guarantees.

Regarding domestic activity, personal services increased by 41.6% in the third quarter of 2021, and services of public institutions, by 13.3%.

President Bukele has instructed his entire team to maintain the formula for development: to focus on social welfare as a top priority.

Pace of economic recovery also reflected in employment data, benefiting households

Formal employment has also performed favorably during three quarters of 2021, to the benefit of Salvadoran households. This is related to the stable progress of the economy on the path of recovery and growth.

During the period from July to September, the Salvadoran Gross Domestic Product (GDP) had a positive variation of 11.7%. According to the head of the Central Reserve Bank (BCR), Douglas Rodríguez, the positive recovery data also generates more income for households and the Government, which returns it to the population as social welfare programs and public works.

In fact, the level of formal employment is better than in February 2020: as of September, it reached 897,870 workers registered in Social Security. On the other hand, the 11 productive activities studied by the Bank report an increase in the average salary of workers compared to last year, with variations ranging between 5.3 % and 13.3 %.  Since it is September, the effect of the minimum wage increase promoted by President Nayib Bukele is already incorporated.

As a result of higher employment, private consumption has risen 11.6 % in the third quarter. The historic level of remittances has also contributed to keep domestic consumption, the main pillar of Salvadoran GDP, active.

In addition, as companies continue to bet on the country, they generate more employment opportunities. The Bank’s president said that this year $4.4 billion in investment projects have been executed by large companies. As examples, he mentioned the cases of Energías del Pacífico, which invested $1 billion and generated 2,000 direct jobs; Bioenergy, $150 million and 800 jobs; Volaris, $150 million and 5,900 jobs; Data Trust, $30 million and 5,000 jobs; Holcim, $20 million and 250 jobs.

The public health strategy to confront the pandemic, as well as the Territorial Control Plan, have been important elements for the private sector plans to materialize, as well as to hire more workers.  In the same way, the role of the Government in offering better conditions to investors has been decisive in achieving these results.

The Bank’s president mentioned that the winning elements have been a positive economic environment, public safety, immunized labor (against COVID-19), trade policies and facilitation, plus the functioning of the Secretariat of Trade and Investment. All of this builds confidence and provides legal guarantees.

El Salvador is among the three Latin American economies best prepared to face the coming year, according to a recent study by the Economic Commission for Latin America and the Caribbean (ECLAC).

The projections, according to an ECLAC study of August 2021, highlight El Salvador together with Panama and the Dominican Republic as the countries with the best outlook for economic growth in the Latin American region.

According to ECLAC, Panama will grow 8.2 %; Dominican Republic, 5.5 %, and El Salvador, 4.6. “That they project El Salvador in third place in economic growth for 2022 is excellent; however, they also predicted that we would grow 5 % this year and we ended up growing more than 10 %. I am sure that next year, we will exceed expectations, again step by step”, said President Nayib Bukele.

The ECLAC data exceed the projections of the Central Reserve Bank (BCR), which forecasts that the Salvadoran economy will grow by 4 % in 2022. The implementation of economic policies by the Government of President Bukele has allowed a boost in various areas for the benefit of Salvadorans.

The BCR’s projection is supported by the information generated at the end of the third quarter of 2021, which shows that local investment increased 22.5 % compared to 2020, driven by the increase in imports of capital goods for power generation projects, execution of construction projects and imports of transportation equipment.

The Superintendence of the Financial System (SSF) reported in June of this year 758,766 contributors in the pension savings system, which is equivalent to an increase of 11,639 jobs compared to May of this same year, a positive variant that is unprecedented in recent periods.

In addition, when compared to last year’s data, there are 97,742 more contributors, taking into account that the second quarter of 2020 was the most complicated in the context of the fight against the COVID-19 pandemic.

PCT

Navy makes historic drug seizure at sea: 4,156 kilos of cocaine valued at more than $100 million

The Salvadoran Armed Forces’ fight against drug trafficking continues to deliver results. On Monday, September 27, 2021, authorities reported a historic drug seizure with the highest value and volume than previous events.

“Our Naval Force has just made the largest drug seizure of the Territorial Control Plan (surpassing the record of a few weeks ago),” announced President Nayib Bukele.

“There are 4,156 kilos of cocaine, valued at approximately 103 million 900 thousand dollars or approximately 2,050 bitcoin”, added the Governor.

In this way, another record in seizures is established, leaving behind the one that the same Naval Force had registered last November. In addition, it prevents the circulation in the market of an illicit substance that causes pain to thousands of families.

President Bukele went on to provide details about the operation.  “The drug was on two LPV (Low Profile Vessel). Both LPVs were intercepted by our Naval Task Force Trident. One (of the vessels) was 406 nautical miles (751 km) and the other 430 nautical miles (796 km) south of Punta Remedios, Acajutla” in the western part of the country.

In the images shared by the President, the packaging where the cocaine was being transported can be seen. “Five Colombians and two Ecuadorians were arrested”, concluded the President. This indicates that it was an action coordinated also with the corresponding units of the National Civil Police (PNC). “The Territorial Control Plan, led by President Nayib Bukele, does not stop and that is why it is so effective. The articulated work of the Security Cabinet has given another hard blow to drug trafficking,” said Police Director, Mauricio Arriaza.

During the administration of President Nayib Bukele, security forces have arrested at least 39 foreigners on drug trafficking-related charges. In total, more than 1,000 people will be brought to justice for drug-related crimes.

El Salvador, through the implementation of the Territorial Control Plan, has become a regional reference in the fight against drug trafficking.

President Nayib Bukele highlights historic reduction in homicides as a result of the implementation of the Territorial Control Plan

The President of the Republic, Nayib Bukele, during the inauguration of an Urban Center for Wellbeing and Opportunities (CUBO) in the Milagro de La Paz neighborhood, in San Miguel, highlighted that with the implementation of the Territorial Control Plan, the reduction of homicides has reached a low average. “The average, today, is 3.1 homicides per day, we do not reach four,” he assured.

The CUBOs are part of phase II of the plan, called Opportunities. Since the implementation of the first phase at the beginning of this administration, there has been a decrease in high impact crimes in the country, including homicides, figures that have been consolidated with the implementation of phase IV of this governmental public security strategy, called “Incursion”.

The Governor recalled that prior to his arrival to the Government, violent deaths were calculated at up to 26 per day and, in an allusion, expressed that what he inherited “was a cancer that was not only big, (but) had penetrated to the bones, reached our youth, our country was in a terminal cancer, but we said we are going to fix the bone marrow from the inside, and we are here, fixing the bone marrow”.

The Head of State highlighted that the simultaneous development of the phases of the Territorial Control Plan is bringing fruits to the country and, irrefutably, the numbers support that its execution is a success as it derives in safer communities where families live increasingly safer.

He recalled that at the beginning of this administration he rowed against the current because of the entrenched opposition in the Legislative Assembly, which, as of this year was displaced through democratic elections, which has since allowed the harmonious work of these State bodies to benefit Salvadorans.

“When we started we did not have the support of the Legislative Assembly, everything was no… The people chose in democratic elections, in a collegiate body controlled by the opposition, the people chose this Assembly, who approve this type of projects”, he stated.

The Territorial Control Plan guarantees the functions of prevention, fight against crime, rehabilitation and reinsertion, in terms of citizen security. In Phase II, Opportunities, the CUBO infrastructure contributes to this project to generate better options for the people.

NEWS

https://diarioelsalvador.com/fuerza-naval-realiza-la-incautacion-de-4156-kilos-de-cocaina-la-mas-grande-del-plan-control-territorial/173025/

NAVAL FORCE MAKES SEIZURE OF 4,156 KILOS OF COCAINE, THE LARGEST OF THE TERRITORIAL CONTROL PLAN.

The president of El Salvador, Nayib Bukele, also informed that the Naval Force arrested five Colombians and two Ecuadorians for the seizure and that the drugs are valued at more than $100 million.

by Wilmer Merino / Alexander Torres

December 27, 2021

In DePaís

Naval Force makes seizure of 4,156 kilos of cocaine, the largest of Plan Territorial Control

The President of the Republic, Nayib Bukele, informed that the 4,156 kilos of cocaine seized are valued at approximately $103 million 900 thousand and marks a record so far in the development of the Territorial Control Plan.

According to the information provided by the president, the drugs were transported in two semi-submersible vessels, known as LPV (Low Profile Vessel), “both LPVs were intercepted by our Naval Task Force Tridente, about 406 nautical miles (751 km) and the other 430 nautical miles (796 km) south of Punta Remedios, Acajutla”, Bukele wrote on his Twitter account.

For his part, Defense Minister René Francis Merino Monroy also reacted to the seizure of the drug, which is valued at more than $100 million.

ANOTHER MAJOR SEIZURE

At the end of November last year, nine foreigners were captured who were carrying 2.7 tons of cocaine valued at $67.5 million. The drugs were located some 852 kilometers off the Salvadoran coast.

“It was estimated that there were 2.5 tons, but now that it has been counted, what was seized is 2.7 tons of drugs, $67.5 million, it is more than what we had initially calculated”, said Merino Monroy.

The minister said that according to the Naval Force’s records, the 2.7 tons of cocaine became the second largest seizure made on the Salvadoran coast. However, with the new seizure it has moved to third place.

So far this year, more than 11 tons of drugs valued at about $269 million have been seized, which represents an unprecedented increase compared to 2019 and 2020.

https://lapaztimes.com/presidente-nayib-bukele-inaugura-cubo-en-san-miguel/

PRESIDENT NAYIB BUKELE INAUGURATES CUBO IN SAN MIGUEL

The President highlighted all the investment made by the Government through the Ministry of Public Works in the municipalities of Morazán, Cabañas, San Miguel and La Unión.

President Nayib Bukele inaugurated in Colonia Milagro de La Paz in San Miguel, an Urban Center for Wellbeing and Opportunities (CUBO). During his speech, the president highlighted the little importance that previous governments gave to the eastern zone.

“The Oriente has suffered a double neglect: from governments that never remembered that the eastern part of the country existed, and from all the governments that never remembered their communities in any part of the country. We have come to change that”, said President Bukele.

According to the President, the little investment in the East was centered in San Miguel; if the communities of San Salvador were forgotten, those of the East were doubly forgotten, the President mentioned. “It has always been said that the Oriente has been forgotten. All of the Oriente, from the Lempa River to La Unión. I did not know that there was not a single overpass in the entire Oriente. Today, the first three are being built,” he said.

https://diarioelsalvador.com/?s=plan+control+territorial

HEALTH

https://diarioelsalvador.com/el-salvador-cierra-el-ultimo-dia-de-2021-con-cero-fallecidos-por-covid-19/174537/

EL SALVADOR CLOSES LAST DAY OF 2021 WITH ZERO DEATHS DUE TO COVID-19

The Government of El Salvador reiterates the call to get vaccinated and maintain prevention measures against COVID-19.

by Diario El Salvador January 1, 2022En DePaís

The Government’s commitment to protect the lives of Salvadorans allowed December 31, the last day of 2021, to close with zero deaths due to COVID-19. However, authorities reiterate the call to get vaccinated and to maintain biosecurity measures to avoid an increase in cases.

“We ended the year 2021 without registering any case fatality on December 31. This gives us hope that we are closer to the end of this pandemic. We welcome the new year with the commitment to continue working for Salvadorans,” reported the Ministry of Health.

 The successful strategy implemented by the Government to face the pandemic has given international recognition to the country, due to the fact that it has managed to maintain the lowest numbers of contagion and deaths from the disease in the region, in addition to the accelerated rhythm of vaccination, which has allowed the inoculation of close to 10 million people, between first, second and third doses.

“Almost two years have passed in this fight against the disease and many countries still face difficulties. Salvadorans can be sure that our health system will be ready to face the health needs in the face of COVID-19. We have the lowest number of cases in the history of the pandemic; but this only encourages us to prepare ourselves even more”, assured the Minister of Health, Francisco Alabi.

 Vaccination is available for all age groups, starting at six years of age. The easiest way to schedule an appointment is by accessing the official website https://vacunacioncovid19.gob.sv, where you must enter your date of birth, Unique Identity Document (DUI) number, passport or residence card for foreigners, and DUI of the person responsible in the case of children under 18 years of age.

https://diarioelsalvador.com/contagios-de-la-covid-19-en-el-salvador-han-caido-a-su-punto-mas-bajo-desde-mayo-de-2020/172110/

COVID-19 infections in El Salvador have fallen to their lowest point since May 2020.

President Nayib Bukele explained that “never before has it been so difficult to find contagions, it is difficult to find them even in the hospital flu.”

by Diario El Salvador December 24, 2021In DePaís

The President of the Republic, Nayib Bukele, announced this Friday afternoon, December 24, that the contagions of the COVID-19 in El Salvador have fallen to its lowest point since May of the previous year.

In that sense, the president said that at that time there were far fewer tests to detect new cases of coronavirus, and said that never before had it been so difficult to find infections.

“COVID-19 infections have fallen to their lowest point since May 4, 2020 (when there was much less testing and the pandemic was just beginning). Never before has it been so difficult to find contagions, it is difficult to find them even in the hospital flu cabinets,” the president wrote on his Twitter account.

On the other hand, he also announced that the hospital beds available for patients with coronavirus have an occupancy rate of 4%, and that the El Salvador Hospital is practically empty.

SOCIAL SECURITY

https://diariolahuella.com/cuerpo-de-bomberos-mantiene-inspecciones-en-centros-de-venta-de-pirotecnicos/

THE GOVERNMENT OF PRESIDENT NAYIB BUKELE, THROUGH THE FIRE DEPARTMENT MAINTAINS INSPECTIONS IN THE CENTERS OF SALE OF PYROTECHNICS TO PREVENT INCIDENTS WITH GUNPOWDER.

“We maintain security device in sales posts of pyrotechnic products, located in the Centenario park in San Salvador”, reported Cuerpo de Bomberos.

Firefighters units have maintained a constant supervision in the collective sale of pyrotechnic products, installed in different parts of the country, in order to verify the safety and legality measures.

The main objective is to verify the safety measures implemented in place and avoid possible incidents. The institutions of the Government of President Nayib Bukele work in a coordinated manner, implementing preventive actions to reduce incidents with gunpowder.

https://diariolahuella.com/?s=ASISTENCIA+VIAL

ECONOMY

https://diarioelsalvador.com/salud-y-reactivacion-economica-con-nota-sobresaliente-del-fmi/161219/

HEALTH AND ECONOMIC RECOVERY RECEIVE TOP MARKS FROM IMF

The multilateral highlights that the Government’s performance saved thousands of lives during the pandemic. The Minister of Finance reiterated that the agreement is still on track.

by Magaly Abarca November 24, 2021In DeDinero

The Minister of Finance, Alejandro Zelaya, reacted to the unveiling of Article IV of the technical evaluation made by the International Monetary Fund (IMF) to the country.

“We have received with very good omens and in very good spirits what the IMF said, which basically congratulates the strategy of President Nayib Bukele in his determined effort to contain the COVID-19 pandemic and safeguard the lives of Salvadorans.”

The minister stressed that the multilateral recognizes the fiscal efforts made by the country related to the containment of the health situation such as the purchase of supplies, vaccines, construction and adaptation of hospitals, the disbursement of transfers and delivery of food packages to the most vulnerable families.

“These risky decisions that were so criticized by the opposition, going as far as legislative obstructionism prohibiting the taking of credits to save people’s lives, those same decisions that they criticized so much are now being recognized not only by the World Health Organization (WHO), but also by multilateral organizations that point out that they were the right ones”, remarked Zelaya.

The official said that the IMF also considered positive the economic reactivation strategy of El Salvador, which now places it as the second fastest growing nation in the region with 10.3%.

“The 10.3 % growth is a historic milestone for the country, we must give it follow-up and stability in the medium and long term, at the same time it is time for fiscal discipline to our public finances, since from the first day of Bukele’s president showed signs of commitment to go down the path of fiscal sustainability,” the official said.

In addition to the positive rating, the official recalled that the negotiation for an agreement with the multilateral for $1,300 million has never stopped, and remarked that El Salvador will not agree to any suggestion to increase taxes.

“I think we are on the right track, there has never been any discussion of abandoning the table on either side,” concluded the official.

https://www.102nueve.com/2021/12/27/presidente-del-bcr-destaca-crecimiento-de-la-economia-en-el-salvador/

PRESIDENT OF BCR HIGHLIGHTS ECONOMIC GROWTH IN EL SALVADOR

Douglas Rodriguez, president of the Central Reserve Bank (BCR), in a television interview, reported that the economy in El Salvador continues to grow and noted that in the third quarter of the year, growth was 11.7%, during the end of the year is projected at 10.3%.

“The Salvadoran economy is the fifth fastest growing in the continent this year, wages have grown by 8.8% and already includes the increase in the minimum wage,” said the official.

According to the president of the BCR, the contribution of the Private Enterprise this year was $4.4 billion. He also said that the economic growth of El Salvador is thanks to the actions of the Government, the Private Enterprise, the Salvadoran who daily goes out to work and the compatriots abroad.

https://diarioelsalvador.com/?s=BCR

PUBLIC PROJECTS, MOP (INFRAESTRUCTURE)

https://ultimahora.sv/periferico-gerardo-barrios-beneficiara-a-mas-de-245000-habitantes/

GERARDO BARRIOS PERIFERICO WILL BENEFIT MORE THAN 245,000 INHABITANTS

POLITICAL CLASSTHE LATESTJan 05, 2022, 13:35 Pm

By Redacción UH

This Wednesday, the Minister of Public Works, Romeo Herrera verified the progress of the construction of the second package of the Gerardo Barrios ring road in San Miguel. The mega project will benefit more than 245,000 inhabitants.

The second package includes the construction of the first overpass in the eastern part of the country, a historical debt that the Government is paying off to Salvadoran families.

Package II of the construction of the Gerardo Barrios ring road includes the widening from two to four lanes from El Obrajuelo, kilometer 131 of the Pan-American Highway, to Hato Nuevo, in San Miguel.

Since the beginning of its administration, the Government has worked to improve the quality of life of Salvadorans, creating development projects such as the Gerardo Barrios ring road, in the eastern part of the country.

The Gerardo Barrios ring road investment amounts to $160 million, and includes 21 km of road, bridges, bicycle lanes, overpasses and the widening of roads, which will allow the circulation of at least 15,000 vehicles, significantly improving traffic flow and reducing travel time.

https://ultimahora.sv/?s=GERARDO+BARRIOS