The objective of the IDB Group country strategy with El Salvador for the period 2021-2024 is to help mitigate the impact of the COVID-19 crisis on the country’s prospects for recovery and to achieve more vigorous, inclusive, and sustainable growth over the medium term. To support this objective, the proposed approach for the years ahead responds to the country’s most immediate needs deriving from the health crisis and its social and economic impacts, while supporting the process of fiscal consolidation and the restructuring of production. In this regard, three priority areas have been identified to guide the IDB Group’s support for the government program: (i) fiscal sustainability and efficiency; (ii) reducing social vulnerability; and (iii) revitalizing and restructuring production. Gender, diversity, climate change, and natural disasters will be addressed in a crosscutting way. The country strategy has been the outcome of an extensive dialogue with the country authorities and civil society, and it has taken into account how the global impacts of the pandemic are evolving and its short-to-medium term repercussions for El Salvador as well as the structural challenges the country faces.
Active Portfolio of Loans by Sector*
*The portfolio includes all sovereign guaranteed projects financed by all funds of The Bank, including the IDB Grant Facility, which are in the stage of implementation.