El Salvador Heralds Anti-crisis Plan
San Salvador - Slavadoran President Mauricio
Funes announced a plan that seeks to
reactivate the economy and benefit the
people''s most vulnerable sectors.
To execute this program, the government will
allocate $587 million, which will be used to
create jobs, boost housing construction and
support for agriculture.
El Salvador, with a dollar economy, and 2.8
million migrants, is one of the most
affected by the international economic
turbulences, due to the drop if remittances,
the country's main income source.
"Our plan aims at assisting the sectors
hardly hit by the economic crisis, and at
the same time starting a protection system
that includes all the population, improving
its living conditions," Funes said.
The government included in its objectives
the creation of 100,000 jobs in the upcoming
18 months, through public investment in road
construction and renovation and starting of
maritime ports.
La Union port and the North Longitudinal
road are included in those projects.
Building 25,000 houses and creation of a
social security system that covers 10,500
workers are also included in the 35 measures
announced by the president to a group of the
business sector representatives.
"The announced measures have the objective
of closing the gap between a population
sector with a high living standard and the
people's majority, which barely survives
with low income and dreadful services," said
Funes. |
