Economic Survey of Latin America and the Caribbean 1994-1995

image of Economic Survey of Latin America and the Caribbean 1994-1995

Issued in two volumes - volume I gives insight into the economic trends, the international economy and the role of exchange rate policy in Latin America and the Caribbean. Volume II explores the economic developments by country. Complimentary statistical tables are included.



El Salvador

In 1994 El Salvador's economy once again expanded at a satisfactory rate, albeit somewhat more slowly than during the preceding two years. Apart from strictly economic factors, production and investment once again reaped the benefits of the progress being made towards peace. The presidential elections, which led to a changeover of governmental authorities, had no more than a passing effect on economic trends. In the external sector, marked price increases were seen in merchandise exports, and the continuing rise of transfers into the country by non-residents contributed to the growth of national income.


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