El Salvador: 2025 Article IV Consultation, First Review Under the Extended Fund Facility, and Request for Waivers of Nonobservance of Performance Criteria, and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for El Salvador
July 15, 2025
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El Salvador’s economic expansion continues, amid a reduction in macroeconomic imbalances. However, downside risks have risen as a result of elevated global trade tensions and stricter immigration policies in other countries, although these are partly mitigated by more favorable terms of trade and potential trade diversion effects. Review discussions focused on assessing recent progress and reaching understandings on policies to safeguard macroeconomic stability and further strengthen governance and transparency, while recognizing the more challenging external backdrop.
Subject: Central Banks, Economic sectors, Expenditure, International reserves, Public debt, Public sector
Keywords: Global, IMF staff estimate, IMF's transparency policy, International reserves, Policy discussion, private-sector engagement, Public sector, Salvadoran authorities, targeted government intervention
Pages:
149
Volume:
2025
DOI:
Issue:
190
Series:
Country Report No. 2025/190
Stock No:
1SLVEA2025004
ISBN:
9798229016209
ISSN:
1934-7685
