Slow Economic Recovery in El Salvador

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Analysts polled by Elsalvador.com agree the country has not implemented public policies to promote key sectors such as tourism, investment and exports, as well as effective countercyclical tools.

The lack of anti-crisis policies hinders private investment needed to boost consumer spending, says analyst Rigoberto Monge, who adds that the government's mixed messages has caused uncertainty, as they speak of less incentives and more taxes, “That does not contribute to the growth of investment and exports," he says.

Miguel Lacayo, former minister of economy, indicates the need to "take advantage of newly adopted legal instruments to combat crime, because security is essential to restore confidence and attract private sector investment," published Elsalvador.com.

Source: elsalvador.com

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