The biggest bet of the government of President Nayib Bukele is to benefit Salvadorans with greater investments in agricultural inputs and bets on health, education, and technological advances.
In this sense, the Minister of Finance, Alejandro Zelaya, stated that by 2022, the government is betting on a greater investment, so this year the largest public investment will be made, that is, around $1,700 million, so it is expected to generate competitive advantages.
“This year we are going to make the largest public investment in the country’s history. This will give us competitive advantages never seen before. By investing in public infrastructure, we are providing jobs and boosting the economy,” he added.
Likewise, Zelaya indicated that work has been done so that there is no increase in the prices of fertilizers and agricultural inputs, thus increasing the budget for the purchase of improved seeds and the delivery of agricultural packages.
“In FMLN governments, around $18 million from the General Budget of the Nation was allocated for the purchase of Agricultural Packages. This year we have allocated more than $50 million,” he said in a television interview.
This year, the government announced that it will carry out the largest delivery of agricultural packages in history, which will benefit more than 600,000 Salvadorans.
On the other hand, Minister Zelaya said that they will continue to attack tax evasion and that to date more than $700 million has been identified and recovered through the Anti-Evasion Plan. In addition, $145 million in notices have been filed with the Attorney General’s Office (FGR).
He also reported that $395 million in increased tax revenue was obtained. “We have had an increase of 18 and 19% of the income pursued by the treasury,” he asserted.
Minister Zelaya indicated that the taxes paid by Salvadorans will not be increased, thanks to all the fiscal policy tools that the Bukele administration has carried out.
“We have been clear from the beginning of the administration, more so now that we are coming out of the crisis. To impose a tax at this time would be to cause an economic collapse and aggravate the global and world crisis that affects the country », he assured.