El Salvador : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

March 15, 1994

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.

Series:

Country Report No. 94/10

Subject:

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.

English

Publication Date:

March 15, 1994

ISBN/ISSN:

9781451834680/1934-7685

Stock No:

1SLVEA0011994

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

105

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