This day, the International Monetary Fund (IMF) held its monthly press conference where it announced aspects of the world economy, highlighting the historical growth of the Salvadoran economy thanks to the security climate.
«Real GDP growth strengthened in 2023, driven by the tourism and construction sectors. This occurred on the basis of a robust flow of remittances and important improvements in security,” explained the director of the IMF Communications Department, Julie Kozack.
On the other hand, Kozack stated that inflation fell and the current account deficit was reduced, statements that validate that El Salvador’s economic growth is adequate, despite the negative projections that the institution made in its past reports.
These growth factors, derived largely from the peace that the country is experiencing, also come from the attraction of foreign investment, the commitment to the diversification of tourism on beaches and mountains, the improvement of infrastructure and public recreational spaces.
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