El Salvador: Recent Economic Developments

March 15, 1994

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El Salvador: Recent Economic Developments, (USA: International Monetary Fund, 1994) accessed November 23, 2024

Summary

This paper describes economic developments in El Salvador during the 1990s. Since 1990, the government has implemented a major economic reform program, including through a greater reliance on market forces. Although risks remain, financial imbalances have been reduced, economic growth has resumed, and inflation has declined. The government also is modernizing the structure of the public sector, including a reform of public expenditure management. The restructuring of the public finances aims to increase public savings, reorient public expenditure toward increased peace-related expenditure, and increase efficiency in delivering services.

Subject: Economic sectors, Education, Expenditure, Health, Public sector, Revenue administration, Tariffs, Taxes

Keywords: Budget authorities, Central America, CR, Development objective, Enterprise, Government, Government share, Income support, ISCR, Private sector, Public sector, Rate of inflation, Tariffs

Publication Details

Pages:

105
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1994/010
Stock No:

1SLVEA0011994
ISBN:

9781451834680
ISSN:

1934-7685

Notes

This report on recent economic developments in El Salvador was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

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