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El Salvador to increase State role in economy

Wednesday, March 19, 2014

El Salvador's new government is likely to increase the State's intervention in the country's economy, according to Fitch Ratings.

The main challenges for President-elect, leftist Salvador Sánchez Ceren of the FMLN party, are two more years of slow growth and attracting more foreign investment.

El Salvador's economy is seen growing 1.9 percent between 2014 and 2015, higher than the 1.7 percent it grew between 2010 and 2013, Fitch said.

Full story (in Spanish)