{
  "title": "El Salvador: Staff Report for the 2004 Article IV Consultation",
  "publication": "IMF Staff Country Reports, August 9, 2005",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/el-salvador-staff-report-for-the-2004-article-iv-consultation-18465",
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  "summary": "This 2004 Article IV Consultation highlights that economic growth in El Salvador in recent years has been dampened by adverse external conditions, major earthquakes, and election-related uncertainties.",
  "sections": [
    {
      "heading": "Summary and key findings",
      "content": "- Economic growth in El Salvador in recent years has been dampened by adverse external conditions, major earthquakes, and election-related uncertainties.\n- Real GDP growth is estimated at about 1½ percent in 2004.\n- Inflation picked up to more than 5 percent in 2004, owing to higher oil prices.\n- The public sector deficit is expected to decline to 3 percent of GDP in 2004.\n- Executive Directors praised El Salvador’s long-standing record of structural reform and commitment to sound macroeconomic policies, and considered that official dollarization has served El Salvador well."
    },
    {
      "heading": "Economic indicators and themes covered",
      "content": "- Balance of payments\n- Banking\n- Central banks\n- Current account balance\n- Economic sectors\n- External debt\n- International reserves\n- Public debt\n- Public sector"
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Balance of payments, Banking, Central banks, Current account balance, Economic sectors, External debt, International reserves, Public debt, Public sector\n- Keywords: authority, Central America, CR, Current account balance, deficit, dollarization regime, East Asia, Global, International reserves, ISCR, Net international reserves, preliminary data, Public sector, public sector deficit, staff appraisal\n\nSource: IMF Staff Country Reports — El Salvador: Staff Report for the 2004 Article IV Consultation (2005).\n\n---\n\n Content in this bundle\n\n- cr05271\n  - cr05271 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr05271 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: August 9, 2005",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451834758.002",
    "Economic growth in El Salvador in recent years has been dampened by adverse external conditions, major earthquakes, and election-related uncertainties.",
    "Real GDP growth is estimated at about 1½ percent in 2004.",
    "Inflation picked up to more than 5 percent in 2004, owing to higher oil prices.",
    "The public sector deficit is expected to decline to 3 percent of GDP in 2004.",
    "Executive Directors praised El Salvador’s long-standing record of structural reform and commitment to sound macroeconomic policies, and considered that official dollarization has served El Salvador well.",
    "Subject: Balance of payments, Banking, Central banks, Current account balance, Economic sectors, External debt, International reserves, Public debt, Public sector",
    "Keywords: authority, Central America, CR, Current account balance, deficit, dollarization regime, East Asia, Global, International reserves, ISCR, Net international reserves, preliminary data, Public sector, public sector deficit, staff appraisal",
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