This was explained by the head of the Ministry of Economy, María Luisa Hayem, who highlighted that despite the challenges faced by the global economy, El Salvador has come out ahead and has even increased employment in the country's productive sectors by 70%, giving El Salvador a path of sustainable growth.

According to the official, one of the sectors that has reported this growth is the call center, where from january to may of this year, more than 3,200 new jobs are reported, compared to the same period of time in 2022. He also pointed out that they are betting on the technology industry, since it is one of the areas with greater job opportunities and better paid.

"We continue to see an economy with a dynamism where 70% of our productive sectors have increased the number of workers", explained Hayem, who assured that the country has had a rapid economic recovery after the COVID-19 pandemic.

Furthermore, Minister Hayem added that El Salvador has an inflation rate of around 3%, which for investors is a very favorable figure for their investments.

This is thanks to the fact that the Assembly approved a law that exempts from taxes companies whose operations are linked to innovation projects or technological manufacturing a few days ago.

"Recently, the Legislative Assembly approved the Law for the Promotion of Innovation and Technological Manufacturing that provides 15 years of tax exemptions to companies. We have already seen good reactions", said Hayem, who explained that 10 companies have already submitted their applications.

Translated by: A.M