El Salvador: Staff Report for the 2006 Article IV Consultation
November 22, 2006
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El Salvador has made major strides on several fronts since the peace accords of 1992. The near-term outlook has strengthened, although challenges remain. The authorities are intended to limit tax exemptions and subsidies, and raise priority of banking reforms this year. Discussions focused on policies to enhance growth and social progress within the framework of formal dollarization. IMF staff supported plans to consolidate financial stability through steps to strengthen the prudential and supervisory framework, deepen intermediation, and improve the safety net.
Subject: Banking, Economic sectors, Exports, External debt, International trade, Public debt, Public sector, Revenue administration
Keywords: authorities consent, authorities of El Salvador, authorities' debt management objective, Central America, CR, Exports, GDP ratio, Global, government, government strategy, government's agenda, ISCR, Public sector
Pages:
58
Volume:
2006
DOI:
Issue:
410
Series:
Country Report No. 2006/410
Stock No:
1SLVEA2006001
ISBN:
9781451834765
ISSN:
1934-7685
