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Caribbean & Central America - October 2016 (ISSN 1741-4458)
EL SALVADOR: Warring parties jeopardise economy
El Salvador is no stranger to political polarisation but when both the government and the International Monetary Fund (IMF) warned in late September that it was threatening to cause serious economic repercussions that could trigger a default, it grabbed more attention. The finance minister, Carlos Cáceres, and a visiting IMF delegation emphasised the need for the ruling left-wing Frente Farabundo Martí para la Liberación Nacional (FMLN) and the main opposition party, the right-wing Alianza Republicana Nacionalista (Arena), to strike a fiscal pact as soon as possible.
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