CABEI's Executive President, Dante Mossi, stated that the formalization of this financing, which will support the salvadoran authorities, will cover the costs of lost income and expenses related to the maintenance of fuel prices in recent months, to the benefit of all salvadorans.

The multilateral organization made available to the countries of the region the US$800 million "Temporary Support Program in the Face of Rising Fuel Costs in the Founding and Non-Founding Regional Countries" to protect the purchasing power of Central Americans, with El Salvador being one of the first countries to request financing.

In addition to the US$200 million, CABEI continues to make arrangements to co-finance an additional US$20 million for a total of US$220 million requested by El Salvador.

The operation is part of CABEI's Institutional Strategy 2020-2024 in its Sustainable Competitiveness axis, which seeks to promote the strengthening of economic factors in the commercial sphere in order to advance the sustainable development of the region's countries.

The signing ceremony, which took place at the Ministry of Finance, was attended by the Minister of Finance, Alejandro Zelaya, CABEI Country Chief Officer in El Salvador, Raúl Castaneda Trabanino, and representatives of both institutions.