Salvadoran President Nayib Bukele Unveils Plan to Boost Economy

In a speech marking the country's independence, Salvadoran President Nayib Bukele revealed plans aimed at boosting the country's economy, a key goal of his second term. Bukele stated that next year's budget will be self-funded, with no debt issuance required to maintain government operations. He emphasized that El Salvador will not even resort to issuing more debt to cover interest payments on existing debt, highlighting that all payments will be made using self-generated funds.