El Salvador: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for El Salvador
Electronic Access:
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Summary:
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 US$389 million) approved in April 2020—are supporting a strong recovery. Persistent fiscal deficits and high debt service are leading to large and increasing gross fiscal financing needs.
Series:
Country Report No. 2022/020
Subject:
Balance of payments Central banks Currencies International organization International reserves Monetary policy Money Public debt Remittances Technology Virtual currencies
Frequency:
regular
English
Publication Date:
January 28, 2022
ISBN/ISSN:
9798400200151/1934-7685
Stock No:
1SLVEA2022001
Pages:
114
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