The Public Debt may be of several types: Direct (obligations, internal or external, contracted by the State, through the Ministry of Finance); Indirect (obligations, internal or external, contracted by non-financial public enterprises, non-business autonomous institutions and municipalities).
The Indirect Public Debt will be guaranteed when it has the guarantee of the State and not guaranteed if it lacks the same.
In addition, the Public Debt may be Internal (obligations arising from issuance and placement of securities of the State and Public Entities in the territory of the Republic of El Salvador and obligations contracted by the State or other non-financial public entities with the BCR, Financial Institutions and other natural or legal persons) or External (monetary obligations representing credit with another State, international organization or with any natural or legal person without residence or domicile in the Republic of El Salvador).
Translated by: A.M