Business and Insecurity

  • Monday, August 27, 2018
Citizen insecurity, political uncertainty and low levels of investment are the main factors that are still affecting the quality of life of the population and the business climate in El Salvador.
Analysis undertaken by the Salvadoran Foundation for Development (Fusades) points out the main factors that are preventing the Salvadoran economy from achieving better levels of growth. In its Legal and Institutional Report, it notes recent advances in trade facilitation, but points out that public insecurity continues to be the factor that most negatively affects the quality of life of the population and the investment climate. 

Excerpt from the Legal and Institutional Situation Report - 1st semester 2018: 

- In Business Climate and Public Safety the conclusion is that citizen insecurity, political / economic uncertainty and low levels of investment have been the main factors that have affected the quality of life of the population and the business climate.

- In Transparency a warning has been given that the operation of the anti-corruption institutional framework still depends a lot on the person or persons in charge of it, as has been evident in the FGR in the criminal investigations of cases of large scale corruption and in the Full Court in probity investigations, for which mechanisms to appoint civil servants and public servants in general need to be strengthened. Strengthening the fight against corruption requires a more efficient legal framework, which is modern and has greater coordination, especially a new Law on Probity and updates to the Law on Ethics and the Law on Access to Public Information. The cases of large scale corruption that have been investigated recently highlight the need to reformulate the control scheme of public funds, especially the CCR.

- In this semester, one of the commitments that El Salvador had under the Fomilenio II framework to initiate the first PPP project was breached, due to lack of a shared vision on this issue. Finally, it was possible to reform article 26 of the Law on Roads and Local Streets, extemporaneously and after a discussion about the risk of missing this opportunity and the effects it would have on the country.  

Read full report (in Spanish).









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