LatinNews Daily - 05 April 2019

In brief: El Salvador

* El Salvador’s President Salvador Sánchez Cerén held a meeting with Seynabou Sakho, the director of the World Bank (WB) for Central America, in which they discussed a financing project that would inject US$200m into Salvadoran cities to promote growth and employment at a local level. El Salvador’s finance minister, Nelson Fuentes, who also attended the meeting, said that the WB expects to have the loan approved by its board of directors by mid-April 2019 and that the government hopes to send the project to be approved by the legislature at the end of this month. Fuentes declared that this will allow Salvadorean cities to invest and expand on industry, manufacturing, and agriculture.

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