El Salvador’s Minister of Finance, Jerson Posada Molina, assured lawmakers that the government’s 2026 revenue projections do not include any plans to raise taxes or contributions. “There is no thinking, no planning, and no project to increase any tax or fee; it is very important for the population to be clear about that,” he stated before the Legislative Assembly’s Finance Committee on Friday.

Posada Molina emphasized that the government’s expected revenue for next year is projected “without increasing any tax or rate.” He reaffirmed that the proposed 2026 budget is “fully balanced, with current income,” and added, “We will not need debt for current expenses.” Instead, public debt will be directed toward “investment projects.”

According to the Ministry of Finance, capital income will fund public investment programs. The government projects current revenues of $8.95 billion—an 8.3% increase over 2025—driven mainly by tax revenues totaling $8.35 billion. The overall state budget proposal amounts to $10.56 billion, financed with $9.15 billion from general funds, $1.38 billion in loans for public investment, and $27.3 million in grants.