El Salvador : 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for El Salvador

Author/Editor:

International Monetary Fund

Publication Date:

March 14, 2008

Electronic Access:

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Summary:

In 2007, imports of consumer, intermediate, and capital goods grew at annual rates slightly exceeding 10 percent. Export growth lagged behind that of imports, as buoyant nontraditional exports, rising at a 16 percent annual rate, were offset by stagnant exports of the maquila sector. In particular, the discussions centered on (i) spillovers from the United States to El Salvador and the associated risks; (ii) the short-term fiscal stance and its consistency with medium-term fiscal objectives; and (iii) the internationalization of the Salvadoran banking system.

Series:

Country Report No. 08/101

Subject:

English

Publication Date:

March 14, 2008

ISBN/ISSN:

9781451834772/1934-7685

Stock No:

1SLVEA2008001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

38

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