The Country Office of El Salvador aims to contribute to generating sustainable and inclusive economic growth, capable of facing current challenges and providing better opportunities and access to basic services for the population, thereby contributing to reducing levels of poverty and inequality.
Overview
El Salvador, one of the founding members of the Inter-American Development Bank (IDB), actively participates in shaping the institution's policies and initiatives. The country is represented by a Governor on the IDB's Board of Governors, ensuring El Salvador's voice in major decisions.
For ongoing operations at the Bank's Headquarters in Washington, D.C., El Salvador shares a seat on the Board of Executive Directors with Costa Rica, Belize, Guatemala, Honduras, and Nicaragua. This group is led by an Executive Director, elected every three years by the Governors of these countries, to advocate for their collective interests and drive regional development.
Executive Director: Eddy Roberto Carpio Sam
ALTERNATE EXECUTIVE DIRECTOR(S):
- Karen Cis
ELECTED BY: Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua
Total Contribution: 12,351,600
Number of votes: 64,649
of the institution's ownership
IDB Country Office in El Salvador
Videos available in Spanish
The IDB Group's country strategy with El Salvador for 2021-2024 focuses on mitigating the impact of the COVID-19 crisis and paving the way for robust, inclusive, and sustainable growth in the medium term. This strategy is tailored to address El Salvador's most pressing needs arising from the health crisis and its social and economic fallout, while also supporting fiscal consolidation and production restructuring.
Key Priorities of the IDB Group Strategy:
- Fiscal Sustainability and Efficiency: Ensuring long-term financial stability and effective use of resources.
- Reducing Social Vulnerability: Addressing immediate social challenges and promoting equitable access to opportunities.
- Revitalizing and Restructuring Production: Enhancing productivity and fostering economic diversification.
The strategy also incorporates cross-cutting themes, including gender equality, diversity, climate change, and natural disaster resilience. Developed through dialogue with government authorities and civil society, the strategy reflects the evolving global impact of the pandemic and its implications for El Salvador, as well as the country's structural challenges.
Overview
El Salvador, one of the founding members of the Inter-American Development Bank (IDB), actively participates in shaping the institution's policies and initiatives. The country is represented by a Governor on the IDB's Board of Governors, ensuring El Salvador's voice in major decisions.
For ongoing operations at the Bank's Headquarters in Washington, D.C., El Salvador shares a seat on the Board of Executive Directors with Costa Rica, Belize, Guatemala, Honduras, and Nicaragua. This group is led by an Executive Director, elected every three years by the Governors of these countries, to advocate for their collective interests and drive regional development.
Executive Director: Eddy Roberto Carpio Sam
ALTERNATE EXECUTIVE DIRECTOR(S):
- Karen Cis
ELECTED BY: Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua
Total Contribution: 12,351,600
Number of votes: 64,649
of the institution's ownership
IDB Country Office in El Salvador
Videos available in Spanish
The IDB Group's country strategy with El Salvador for 2021-2024 focuses on mitigating the impact of the COVID-19 crisis and paving the way for robust, inclusive, and sustainable growth in the medium term. This strategy is tailored to address El Salvador's most pressing needs arising from the health crisis and its social and economic fallout, while also supporting fiscal consolidation and production restructuring.
Key Priorities of the IDB Group Strategy:
- Fiscal Sustainability and Efficiency: Ensuring long-term financial stability and effective use of resources.
- Reducing Social Vulnerability: Addressing immediate social challenges and promoting equitable access to opportunities.
- Revitalizing and Restructuring Production: Enhancing productivity and fostering economic diversification.
The strategy also incorporates cross-cutting themes, including gender equality, diversity, climate change, and natural disaster resilience. Developed through dialogue with government authorities and civil society, the strategy reflects the evolving global impact of the pandemic and its implications for El Salvador, as well as the country's structural challenges.
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