INSUBCONTINENT EXCLUSIVE:
El Salvador is shifting its economic strategy, focusing on redistributive investments to exceed its 2.4% average growth.This approach aims
reallocating societal resources.Serrano stresses the importance of developing productive forces, including both means of production and
labor.He notes that El Salvador needs $550.4 million for this purpose
To achieve an 8% growth rate, the country requires $1.852 billion in investments.In a recent economic and social overview, Serrano
emphasized social collaboration.He called for joint efforts from businesses, workers, and the state to redistribute economic surplus.This
$1.002 billion.This falls below the $1.852 billion needed for targeted growth and welfare improvement.UCA Vice-Rector Omar Serrano
highlighted global challenges affecting El Salvador, like inflation from the Russia-Ukraine war.Despite an economic crisis, the World Bank
developing countries.Historically reliant on certain sectors and remittances, the country is moving towards sustainable, equitable
policies.El Salvador aims for a diversified, resilient economy by focusing on redistributive investments
efforts.Investments in human capital and infrastructure are crucial for productivity
Such initiatives, successful in other countries, offer lessons for El Salvador.This strategy of inclusive growth is not only economically
essential but also a step towards social progress.
