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LatinNews Daily - 08 October 2019

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In brief: El Salvador’s FDI totals US$435.9m in H1 2019

* El Salvador’s central bank (BCR) has released new figures which show that foreign direct investment (FDI) to the country totalled US$435.9m in the first six months of 2019. According to the BCR this was mainly thanks to net investment in the sectors of information & communications, which accounted for US$159.8m of the total; electricity, mainly non-conventional energy (US$115.8m); and industry (US$107.6m). According to the most recent (August 2019) report by the United Nations Economic Commission for Latin America & the Caribbean (Eclac), despite a 5.5% drop from its 2017 level, El Salvador took in a total of US$840m in FDI in 2018, which was far more than double its average level of inflows between 2011 and 2016 (US$319m).