{
  "title": "IMF Mission Concludes Visit to El Salvador",
  "publication": "IMF News, December 20, 2016",
  "sourceUrl": "https://www.imf.org/en/news/articles/2016/12/20/pr16574-el-salvador-imf-mission-concludes-visit",
  "canonical": "https://www.imf.org/en/news/articles/2016/12/20/pr16574-el-salvador-imf-mission-concludes-visit",
  "overlayPath": "/en/news/articles/2016/12/20/pr16574-el-salvador-imf-mission-concludes-visit/index.md",
  "summary": "Press Release No. 16/574",
  "publishDate": "2016-12-20",
  "sections": [
    {
      "heading": "Purpose and scope of the mission",
      "content": "- Press Release No. 16/574\n- Mission dates: December 14 to 20, 2016\n- Objective: assess the political support of the authorities and the parliamentary opposition for a policy agenda consistent with the recommendations of the 2016 Article IV Staff Report\n- Team leader: Mr. Daniel Kanda"
    },
    {
      "heading": "Key findings and assessments",
      "content": "- “Government officials, members of congress across the political spectrum, and private sector representatives expressed strong support for a potential Fund backed economic reform program, despite differences regarding the mix of revenue and expenditure measures that could underpin the needed fiscal adjustment.”\n- Consensus view: a Fund program would help catalyze agreement on a policy package that would:\n  - support fiscal adjustment while protecting the most vulnerable\n  - boost financial sector soundness\n  - help establish conditions conducive for higher and more inclusive economic growth\n- The government “continues to make progress on the technical preparations that would underpin this policy agenda.”\n- The team “stressed the need for high-quality fiscal measures and higher transparency in government and public enterprises, complemented by policies aimed at boosting the resilience of the financial sector, creating a more attractive climate for investment and jobs, and strengthening the social safety net to protect the poor.”\n- The IMF team expressed appreciation for “the frank and productive discussions and the warm hospitality of our Salvadoran counterparts.”"
    },
    {
      "heading": "Policy recommendations and emphasis",
      "content": "- Adopt high-quality fiscal measures to underpin fiscal adjustment\n- Increase transparency in government and public enterprises\n- Implement policies to boost financial sector resilience\n- Create a more attractive climate for investment and jobs\n- Strengthen the social safety net to protect the poor"
    },
    {
      "heading": "Stakeholder engagement during the visit",
      "content": "- Meetings held with:\n  - Vice-President Oscar Ortiz\n  - Technical Secretary Roberto Lorenzana\n  - Finance Minister Carlos Cáceres\n  - Economy Minister Tharsis Solomon López\n  - Minister of Health Violeta Menjivar\n  - Central Bank President Oscar Cabrera\n  - Leader of ARENA party Mauricio Interiano\n  - other senior government officials, members of congress from both major parties, and representatives of the private sector"
    },
    {
      "heading": "Forward-looking statements",
      "content": "- The IMF team looks forward to continuing its engagement with all relevant stakeholders in the period ahead.\n\nIMF Press Release No. 16/574 — December 20, 2016\n\n---\n\n\n References\n\n- El Salvador and the IMF\n- Press Releases\n- PRESS CENTER\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2016/12/20/pr16574-el-salvador-imf-mission-concludes-visit"
    }
  ],
  "bullets": [
    "[Markdown version](/en/news/articles/2016/12/20/pr16574-el-salvador-imf-mission-concludes-visit/index.md)",
    "[Structured JSON version](/en/news/articles/2016/12/20/pr16574-el-salvador-imf-mission-concludes-visit/index.json)",
    "[Bundle manifest](/en/news/articles/2016/12/20/pr16574-el-salvador-imf-mission-concludes-visit/bundle-manifest.json)",
    "Published: December 20, 2016",
    "Press Release No. 16/574",
    "Mission dates: December 14 to 20, 2016",
    "Objective: assess the political support of the authorities and the parliamentary opposition for a policy agenda consistent with the recommendations of the 2016 Article IV Staff Report",
    "Team leader: Mr. Daniel Kanda",
    "“Government officials, members of congress across the political spectrum, and private sector representatives expressed strong support for a potential Fund backed economic reform program, despite differences regarding the mix of revenue and expenditure measures that could underpin the needed fiscal adjustment.”",
    "Consensus view: a Fund program would help catalyze agreement on a policy package that would:",
    "The government “continues to make progress on the technical preparations that would underpin this policy agenda.”",
    "The team “stressed the need for high-quality fiscal measures and higher transparency in government and public enterprises, complemented by policies aimed at boosting the resilience of the financial sector, creating a more attractive climate for investment and jobs, and strengthening the social safety net to protect the poor.”",
    "The IMF team expressed appreciation for “the frank and productive discussions and the warm hospitality of our Salvadoran counterparts.”",
    "Adopt high-quality fiscal measures to underpin fiscal adjustment",
    "Increase transparency in government and public enterprises",
    "Implement policies to boost financial sector resilience",
    "Create a more attractive climate for investment and jobs",
    "Strengthen the social safety net to protect the poor",
    "Meetings held with:",
    "The IMF team looks forward to continuing its engagement with all relevant stakeholders in the period ahead.",
    "[El Salvador and the IMF](http://www.imf.org/external/country/SLV/index.htm)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
  ],
  "alternates": {
    "markdown": "/en/news/articles/2016/12/20/pr16574-el-salvador-imf-mission-concludes-visit/index.md",
    "json": "/en/news/articles/2016/12/20/pr16574-el-salvador-imf-mission-concludes-visit/index.json",
    "bundleManifest": "/en/news/articles/2016/12/20/pr16574-el-salvador-imf-mission-concludes-visit/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-25T20:28:38.881Z"
}