A Historic Day for El Salvador: Political Debt Officially Abolished.

In a landmark decision, the Legislative Assembly of El Salvador has ratified a reform to the second paragraph of Article 248 of the Constitution, with 57 votes in favor. The reform, which was originally approved during the 2021-2024 legislature, marks a significant step toward the elimination of political debt in the country.

President Nayib Bukele celebrated the move, announcing on his official social media account that this reform represents the elimination of «political debt» as a historical sovereign debt for El Salvador. He reaffirmed the government’s commitment to ending the use of public funds for political party financing, a promise made to the people of El Salvador.

«We promised to eliminate the political debt,» President Bukele said. «The people complained to us that we had not yet fulfilled the promise. It took us a while, but we listened to the people, and today we are fulfilling our promise. No more financing of political parties with the people’s money.»

This reform is seen as a major victory in the ongoing efforts to reduce government spending on political activities and to ensure that public resources are used more efficiently for the benefit of the population.

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