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El Salvador's struggling economy helped by region bank

Thursday, October 25, 2012

El Salvador's airports and seaports received a $92 million loan from the Central American Bank for Economic Integration.

The loan is to help finance a sustainability and development program that will help El Salvador become a competitive logistic centre.

The country's lack of competitiveness was pointed out in the latest "Doing Business" ranking by the World Bank, where the country came in at number 113, out of the 184 economies the Bank studied.

Full story (in Spanish)