El Salvador : 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for El Salvador

Author/Editor:

International Monetary Fund

Publication Date:

February 3, 2009

Electronic Access:

Free Full Text (PDF file size is 1271 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

El Salvador’s 2008 Article IV Consultation examines the country's economic developments and policies. In 2007, the fiscal position improved, the public debt-to-GDP ratio declined, and economic growth reached its highest level in a decade. The rise in global commodity prices has also generated substantial inflation pressures. The stock of bank deposits has stagnated relative to end-2007, while deposit rates have increased slightly. Interbank repo rates have also risen recently, reflecting tighter funding conditions, and banks have increased their external borrowing, in part to build up liquidity.

Series:

Country Report No. 09/35

Subject:

English

Publication Date:

February 3, 2009

ISBN/ISSN:

9781451834789/1934-7685

Stock No:

1SLVEA2009001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

45

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