The United States bank JP Morgan, detailed in a statement that the salvadoran State will probably be able to finance itself for the next two years, but its debt is on its way to become unsustainable beyond 2024.

The institution added that El Salvador's primary fiscal deficit, which had reached 6% of GDP during the pandemic, increased 0.2% to a surplus of 0.8% of GDP.

But, the Wall Street bank said an increase of about 1.5 percentage points more is needed to maintain debt sustainability.

Likewise, the official highlighted that for this reason they have opened a window of opportunities to obtain resources and continue covering all fiscal responsibilities, as well as investing in the different areas of the country.

Last wednesday, august 24, the deputies of the Legislative Assembly approved the Special Transitory Law for the Voluntary Compliance of Tax and Customs Obligations.

Zelaya said that approximately US$40 million in taxes could be collected by the Ministry of Finance through the proposal, which is voluntary without fines or interest.

He said that they have not only hit tax evasion hard, but have given the opportunity to all those taxpayers who do not want to have problems with the Law and want to pay.

According to the official established by the authorities, those taxpayers who have a court ruling on a certain tax will not be able to avail themselves of this benefit. The rest of the individuals and legal entities have until November 1st to avail themselves of the decree.