Grupo Hotelero Islazul
Cervecería Centroamericana S.A.
blackanddecker
Intecap
INOR
Los Portales
Irtra
Cubasol
Servicios Médicos Cubanos
Realidad Turística
Agexport
Walmart
MAD-HAV Enjoy Travel Group
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
AVA Resorts
Nestle
Tigo
Barceló Solymar
CUN-HAV Enjoy Travel Group
Instituto Hondureño de Turismo

El Salvador Will Seek the Economic Miracle

Date:

Share:

blackanddecker
Servicios Médicos Cubanos
Intecap
AVA Resorts
Instituto Hondureño de Turismo
Realidad Turística
INOR
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Los Portales
Irtra
Grupo Hotelero Islazul
Nestle
Cervecería Centroamericana S.A.

After reaching a high level of security, Salvadorans will await the economic miracle starting today, even if it involves sacrifices or bitter medicine, as President Nayib Bukele called it.

“We are going to focus on the important problems, starting with the economy. In this new treatment, perhaps we must also take bitter medicine,” said the president upon assuming his second term in office on June 1, 2023.

In this scenario, many are wondering what awaits Salvadorans in 2025, where, among other things, the policy of the new US president Donald Trump will have an impact. He will take office this month with promises to expel immigrants and tighten trade regulations.

However, there are signs that Salvadoran politicians find encouraging, such as the American’s announcement to support the bitcoin ecosystem, which for some is a speculative asset that will contribute little to global economic problems.

Today, when the cryptocurrency has surpassed the threshold of 100 thousand dollars in its value, the country has six thousand 002 coins in reserve that exceed 650 million in value, something that could be promising, according to its promoters.

Just after surpassing 100 thousand dollars for the first time at the beginning of December, the specialized media Bloomberg reported that Salvadoran bonds improved their appreciation in response to the benefits seen by the State with the digital currency.

It is a result, according to official propaganda, at a time when the country is moving towards greater indebtedness with an agreement for 1.5 billion dollars to be signed with the International Monetary Fund (IMF).

It should be noted that as part of the economic plan for the corresponding period of 2025-2029, Bukele anticipated that he will work on three fronts: food, technology and logistics.

His policy of creating agricultural markets with better prices could be maintained in 2025, although many wonder until when, at a time when the country is experiencing setbacks in food production and agriculture in general.

Regarding technology, the president announced this axis in July, when accompanying the inauguration of the first data center called Data Trust, which was executed with an initial investment of 30 million.

He also opened his doors to Google as part of the technological modernization ecosystem, an area that also saw the arrival of other artificial intelligence, crypto, cybersecurity, big data companies, among others.

Important in the economic challenge will be the completion of an agreement with the Turkish company YILPORT Holding for 1,615 million dollars, which will serve to increase the operational capacity of the port of Acajutla and reactivate the port of La Unión.

In this last case, some estimate that it may result, prospectively, in a relationship between El Salvador and the BRICS, starting with Vice President Ulloa’s trip to Russia last year to promote relations with that country.

The Puerto Cortés in Honduras is connected to the Puerto La Unión in El Salvador through the Dry Canal, an interoceanic route that will allow the connection between the Atlantic and the Pacific.

This agreement can open new commercial opportunities that will contribute to economic growth and the consolidation of El Salvador as a logistics reference in the region.

It could also be a link for trade between the BRICS and Asian partners (China, India, Indonesia, Malaysia and Thailand) with Latin America, a scenario to be built and in which Salvadorans can contribute.

These are just some of the aspects that can influence this Central American nation to reach certain levels of development and boost its economy. (PL)

Barceló Solymar
Servicios Médicos Cubanos
Grupo Hotelero Islazul
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
MAD-HAV Enjoy Travel Group
Instituto Hondureño de Turismo
Realidad Turística
Cubasol
Agexport
Tigo
AVA Resorts
Intecap
Cervecería Centroamericana S.A.
CUN-HAV Enjoy Travel Group
Los Portales
Nestle
Irtra
blackanddecker
Walmart
INOR
Maggi - GLUTEN-FREE
Irtra
Barcelo Guatemala City
Intecap
Vuelos a Cuba
AirEuropa
Hotel Holiday Inn Guatemala
Revista Colombiana de Turismo Passport
Tigo
Havanatur
Hotel Barcelo Solymar
Cubacel

Subscribe to our magazine

━ more like this

Pole Dancing in Israel: A New Dimension with BlueDance.co.il

In recent years, pole dancing has experienced a remarkable transformation, shifting from a misunderstood niche to a popular activity combining fitness, self-expression, and empowerment....

This North East African Country Welcomes Over 15.7 Million Tourists Last Year and An Addition 40,000 New Hotel Rooms are in Pipeline

Estimated reading time: 3 minutes In a year marked by global uncertainties and regional geopolitical challenges, Egypt’s tourism sector achieved an impressive milestone, welcoming a...

Nicaragua Presents Its New Interoceanic Canal Route to China and Seeks to Compete with Panama

Estimated reading time: 8 minutes With a length of 445 kilometers, in a second attempt, the Nicaraguan president, Daniel Ortega, presents China with a new...

A New Luxury Hotel Just Opened on An Idyllic Beach in Cancun, Mexico — And We Were the First to Stay

Waldorf Astoria Cancun opened to the public on Nov. 1, the brand's first new build in Mexico, with two waterfront pools and a fantastic...

Pan American Health Organization Launches Interactive Dashboard on Avian Influenza in The Americas

To monitor cases of avian influenza A (H5N1) in the Americas, the Pan American Health Organization (PAHO) launched an interactive dashboard on the web...
Revista Colombiana de Turismo Passport
Barcelo Guatemala City
AirEuropa
Irtra
Cubacel
Hotel Holiday Inn Guatemala
Intecap
Maggi - GLUTEN-FREE
Havanatur
Hotel Barcelo Solymar
Vuelos a Cuba

LEAVE A REPLY

Please enter your comment!
Please enter your name here

AVA Resorts
Walmart
Cervecería Centroamericana S.A.
Irtra
Los Portales
Agexport
Intecap
MAD-HAV Enjoy Travel Group
Barceló Solymar
Nestle
Grupo Hotelero Islazul
INOR
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Tigo
Instituto Hondureño de Turismo
blackanddecker
Cubasol
Realidad Turística
Servicios Médicos Cubanos