The president of the central bank of The SaviorDouglas Rodríguez, attributed this Thursday greater growth in the economy in 2023 to a better security situation in the country.
The president of Central Reserve Bank (BCR) praised the emergency regime that frames the controversy “war” against the gangs launched by President Nayib Bukele, resulting in almost 80,000 detainees.
“The greatest fruit of this exceptional regime is the economic growth of our country. We can now forget about that 2.1% growth”, the annual average since the economy was dollarized in 2001, Rodríguez stated.
The Savior achieved a growth in the Gross Domestic Product (GDP) of 3.5% in 2023.
In The Savior“real GDP growth strengthened in 2023 driven by tourism and construction, and this occurred thanks to the strength of remittances and a much improved security situation”, he acknowledged this Thursday in Washington, Julie Kozackdirector of communications at the IMF.
The emergency regime allows arrests without a court order.
With a large deployment of military and police, Bukele He destroyed the structures of the maras or gangs, which were financed by extortion, contract killings, and retail drug sales. Those who refused to pay were killed or had a family member killed.
“The main brake on growth, for years, were the gangs: there was no company, formal or informal commerce that was not terrorized by the gangs, and not only that, but extorted.”Rodríguez commented to Channel 21 television.
According to the official, violence generated costs of 14% to 19% of GDP.
Source: Gestion
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