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El Salvador : 2019 Article IV Consultation
Press Release; Staff Report; and Statement by the Executive Director for El Salvador

Series:Country Report No. 19/143
ISBN 9781498316972
Code: #1SLVEA2019001

Publication year: 2019

Cdn: $25.00; US: $18.00
Language: English
68 pages
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Structural reforms, strengthened policy frameworks and the ongoing smooth political transition have laid the foundations for sustained growth. Surging remittances pushed real GDP growth above potential in 2018, adding to tax revenues and raising the primary fiscal surplus to about 1 percent of GDP. Nevertheless, public debt at about 70 percent of GDP is high, expensive to roll over, and leaves little room for funding new initiatives unless structural measures are implemented. It remains the main vulnerability of the economy.
El Salvador : 2019 Article IV Consultation
Cdn: $25.00; US: $18.00
International Monetary Fund (IMF) BookID: 125041 Added: 2019.5.31