The pandemic interrupted ten years of growth, but El Salvador is rebounding quickly. Robust external demand, resilient remittances, and a sound management of the pandemic-with the help of a disbursement under the Rapid Financing Instrument (RFI) (SDR287.2 million or USD 389 million) approved in...

A Technical Assistance (TA) Mission from the Regional Technical Assistance Center for Central America, Panama, and the Dominican Republic, visited the city of San Salvador, El Salvador, on August 13-24, 2018, to provide TA to the Central Reserve Bank of El Salvador (BCRES) on compiling annual...

This paper discusses El Salvador's IMF Staff report on Request for Purchase Under the Rapid Financing Instrument (RCI). This assistance is expected to help El Salvador direct funds swiftly to the country's most affected sectors, including the healthcare system. El Salvador has adopted strict...

This Technical Assistance report on El Salvador highlights analysis on the Monthly Volume Indicator of Economic Activity (IMVAE) and institutional sector accounts mission. The mission reviewed the process followed by the National Accounts Department team to consolidate the IMVAE and compile the...

A technical Assistance (TA) Mission was conducted by CAPTAC-DR1 from May 14 to 18, 2018 with the objective of supporting the Central Reserve Bank of El Salvador (CBR) in its efforts to strengthen its national accounts statistics for decision making. The TA mission covered the following topics:...

This paper focuses on policies to raise growth; underpin fiscal sustainability while enhancing social safety nets; and strengthen financial sector stability, deepening, and inclusiveness. GDP growth has averaged 2 percent during 2000-14, well below the Central American regional average of 4 1\2...

This paper focuses on policies to raise growth; underpin fiscal sustainability while enhancing social safety nets; and strengthen financial sector stability, deepening, and inclusiveness. GDP growth averaged 2 percent during 2000-14, well below the Central American regional average of 4 1\2...

This 2019 Article IV Consultation discusses that structural reforms, strengthened policy frameworks and the ongoing smooth political transition have laid the foundations for sustained growth in El Salvador. The discussions focused on policies that build on these achievements and address fiscal...

This 2018 Article IV Consultation highlights that the real GDP of El Salvador grew above potential, at 2.3 percent in 2017, supported by lower oil prices, continued United States (U.S.) recovery, and a surge in remittances. However, El Salvador's growth continues to lag regional peers. Inflation...