El Salvador’s transformation was a key topic at the Latin America and Caribbean Economic Forum 2025, organized by the Development Bank of Latin America and the Caribbean (CAF) and held recently in Panama. The event provided a platform for the country to present its economic, fiscal, and cultural advancements, as well as improvements in early childhood care—achievements that have been reinforced by the security measures implemented by the administration of President Nayib Bukele.

El Salvador’s Minister of Economy, María Luisa Hayem, emphasized the significant impact of the country’s security reforms on its economic growth.

“In a short period of time, El Salvador managed to remove the biggest barrier to economic growth and the people’s freedom, which was insecurity,” Hayem stated.

She highlighted the growing interest from delegations across Latin America, who are looking at El Salvador as a model for transformation.

“The country is now an example for Latin America. As Minister of Economy and as a Salvadoran, it is impressive to see this recognition. People approach us to learn from our experience over the past five and a half years, even calling us ‘the miracle of Latin America,’” she added.

Hayem also pointed out the holistic approach of the government, which spans from early childhood initiatives led by the Office of the First Lady to business-friendly reforms aimed at attracting investment.

“By reducing bureaucracy, improving the business climate, and strengthening legal certainty, we have positioned El Salvador as a top destination for investment,” she explained.

The Law of Innovation and Technological Manufacturing, passed a year ago, has already attracted more than 40 companies to establish operations in the country. Furthermore, El Salvador continues to hold discussions with investors from the United States, Europe, and South America, showcasing diversification not only in geographic interest but also across industries.

Hayem also reiterated that CAF remains a key partner for El Salvador, supporting major projects such as state digitalization, the Pacific International Airport, and the national telemedicine initiative.

With its ongoing economic and security reforms, El Salvador continues to solidify its position as one of Latin America’s most dynamic and promising economies.