El Salvador Crece: Government of El Salvador and IDB Group Join Forces to Boost Growth and Promote Private Investment

SAN SALVADOR — The government of El Salvador and the Inter-American Development Bank Group (IDB Group) today launched El Salvador Crece, a strategic initiative aimed at promoting investment, accelerating reforms, and advancing high-impact policies to drive economic growth, strengthen national productivity, and create jobs.

El Salvador Crece is part of the IDB Group's LAC Crece platform, introduced this year during the Annual Meetings in Asunción, Paraguay, to support Latin American and Caribbean countries in designing and implementing private-sector-led economic development agendas.

The launch takes place at a time when El Salvador has achieved significant progress in public security, macroeconomic stability, tourism dynamism, and the restoration of investor confidence. These factors have contributed to strengthening the country's economic outlook: the country risk premium experienced a sharp decline, falling from more than 3,500 basis points in July 2022 to approximately 326 basis points by the end of 2025, a year in which the economy grew by 3.9%.

The initiative will focus on five priority areas: macroeconomic stability, housing and urban development, tourism, financing for micro, small, and medium-sized enterprises (MSMEs), and internationalization and foreign-investment attraction, with a particular focus on developing the coastal economy.

“El Salvador has created the conditions to enter a new phase of growth. The challenge now is to turn these gains into more investment, higher productivity, and greater opportunities. With El Salvador Crece, the IDB Group will work alongside the country to identify and sequence reforms, mobilize financing, and accelerate projects that support sustainable, long-term growth,” said IDB Group President Ilan Goldfajn.

El Salvador's minister of finance, Jerson Posada, added: “All our efforts are focused on accelerating the economy and productivity, and this is where the El Salvador Crece platform has tremendous strategic value. It acts as an accelerator and a powerful vehicle for implementing our sovereign agenda, allowing us to move from planning to execution by coordinating enabling public investment, regulatory reforms, and mobilization of large-scale private capital in a sequenced manner.”

The launch took place during “El Salvador Crece: Investment to Accelerate Growth,” an event which brought together government authorities, business leaders, representatives of financial institutions, international investors, and academia. The event helped align public and private priorities, identify investment opportunities, and assess conditions to strengthen the business climate, expand access to financing, and accelerate the execution of strategic projects.