The economic results of El Salvador in 2022, such as the historical record of exports, which totaled $7,115.11 million, and the low levels of inflation that consolidated it as the country least affected by this scourge in Central America, are some of the indicators that, for the minister of economy, María Luisa Hayem, augur good dynamics for this year.
In this context, he highlighted that, according to data from the Salvadoran Social Security Institute (ISSS), last year more than 100,000 new formal jobs were reported, and that the productive rate would indicate that in the short term the country reaches the gap of 1 million jobs, an unprecedented figure in the history of the country.
“We are hoping this year to be able to reach one million jobs in our formal economy; that would be a record that would be established, and this is a good reference for what is happening in our economy,” said the minister.
This impulse, as pointed out in the headline, has to do with the work carried out by the government to generate alliances and opportunities for local and international investors for the sake of more development and job creation.
According to Hayem, there are also industries that already operate in the country with projections of expanding in 2023; among them are call centers, the auto parts industry, plastics, the distribution sector, and the textile sector, among others.
“In our conversations with the business sector, we see that optimism for a year that we hope to close, even above the projections of the Central Reserve Bank (BCR) for our country,” she said.
In recent days, the Minister of Labor, Rolando Castro, also referred to this achievement. For him, the achievement of having 1 million workers in permanent positions stems from the government’s concern to shore up the economy even in a complicated international context, distancing itself from the abandonment of previous governments.
“In El Salvador, we are generating new jobs, despite inflation, the conflicts that have arisen in the world, and the pandemic. We have managed to generate more and better jobs. We are surpassing the job creation of previous years, it is a generic rebound », he considered.
On the other hand, Minister Hayem stated that the government continues to work hand in hand with the private sector in consolidating the Trade Facilitation Plan that will be released in the coming days.
She explained that it is a five-year strategy that seeks to ensure that El Salvador becomes a place with all the conditions for distribution companies to establish themselves in the country and that local and international investors are encouraged by the ease given to the trade of goods.