El Salvador is the third largest economy in Central America, and the most densely populated, with 6.2 million mainly urban inhabitants. In the years following the end of the civil war in 1992, El Salvador made significant democratic advances, including successive free and fair elections. While the democratic transition has been accompanied by significant, social and economic progress and social indicators such as infant mortality rates and literacy have improved, poverty and inequality of opportunity have increased as problems.
AHUACHAPÁN – The U.S. Agency for International Development (USAID), the Municipality of Atiquizaya and members of the Izcaquilio community opened the Vocational and Recreational Youth Center, which will benefit 600 children and youth from the community and 1,200 families from surrounding areas.
SAN SALVADOR – U.S. Ambassador to El Salvador, Mari Carmen Aponte, and authorities from the U.S. Agency for International Development (USAID) and the Ministry of Public Works (MOP) kicked off the construction of the permanent bridge over the San Antonio River, the first project to start under USAID’s Tropical Storm Ida Reconstruction Project. The design and construction of the bridge, located 2.4 miles from the Port of La Libertad on El Salvador’s important Coast Highway, is valued at $ 1.9 million.
SAN SALVADOR–With its beautiful coastline and beaches, volcanoes and mountains, the tourism industry can help boost the economy of Salvadoran communities. USAID’s Municipal Competitiveness Project has helped 32 municipalities to identify the potential for tourism. A number of municipalities are participating in a pilot activity to build the local tourism industry.
SAN SALVADOR–Through a $25 million credit guarantee agreement signed this morning, the U.S. Agency for International Development (USAID) and Banco Davivienda El Salvador pledged to promote access to credit for small and medium enterprises (SMEs) in order to increase productivity and exports, an important goal of the Partnership for Growth between the governments of El Salvador and the United States.
Comment
Make a general inquiry or suggest an improvement.