El Salvador should have closed 2025 with an economic growth rate of 4 %, instead of the 2.6 % projected by the International Monetary Fund.

The Central American nation, governed by Nayib Bukele, is projected to have achieved this strong economic growth thanks to accelerated GDP growth driven by a boom in domestic and foreign investment.

El Salvador, International Monetary Fund, Nayib Bukele, is said to have experienced this strong economic growth thanks to accelerating GDP growth fueled by a boom in domestic and foreign investment. President Bukele “had managed to transform this economy into one of the safest places in the Americas. Now, after several years of mediocre economic growth, given the country’s level of development (middle-income economies typically grow at high rates), activity is beginning to take off with a force that has surprised even the International Monetary Fund (IMF).”

The organization has expressed surprise at this growth, noting: “The economy is expanding at a faster pace than anticipated, thanks to increased confidence, record remittances, and robust investment.”

In this regard, it is important to highlight the impact of the investment that is expanding rapidly thanks to the stability prevailing in the country, “the legal and civil security that the country has achieved in recent years.”

M.Pino

Source: eleconomista

(Reference image source: Esaú Fuentes González on Unsplash)

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