European Parliament Library

El Salvador :, 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for El Salvador

In 2007, imports of consumer, intermediate, and capital goods grew at annual rates slightly exceeding 10 percent. Export growth lagged behind that of imports, as buoyant nontraditional exports, rising at a 16 percent annual rate, were offset by stagnant exports of the maquila sector. In particular, the discussions centered on (i) spillovers from the United States to El Salvador and the associated risks; (ii) the short-term fiscal stance and its consistency with medium-term fiscal objectives; and (iii) the internationalization of the Salvadoran banking system
Table Of Contents
Cover; Contents; Executive Summary; I. Recent Developments; II. Policy Discussions; A. Growth Outlook and Risks; B. Fiscal Policy; C. The Financial Sector; D. Competitiveness; III. Staff appraisal; Figures; 1. Real Sector; 2. External Sector; 3. Competitiveness Indicators; 4. Fiscal Sector; 5. Financial Sector Developments; 6. Social Indicators; Tables; 1. Selected Economic and Social Indicators; 2. Balance of Payments; 3. Operations of the Consolidated Public Sector; 4. Summary Accounts of the Financial System; 5. Selected Vulnerability Indicators
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (39 p.)
Specific Material Designation
Form Of Item

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