Salvadoran President Will Not Finance 2025 Budget Through Debt Issuance

Article is form Jinse
September 18, 2024
This article is translated by ChatGPT Show original
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El Salvador's President Nayib Bukele has revealed plans to boost the country's economy, a key goal for his second term. During a speech commemorating the country's independence, Bukele said next year's budget will be self-funded, meaning no debt will be issued to maintain government operations.

Nayib Bukele stated that El Salvador will not even pay debt interest by issuing more debt during this period, emphasizing that all payments will be made using self-generated funds.

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