Bukele inauguration likens El Salvador to “Sick Person”

14th May 2024

El Salvador President Nayib Bukele has pledged to improve the country’s economy and asked the population “not to complain”. Comparing the nation to a sick person, Bukele said there was a long list of issues including health, education, infrastructure, employment, housing and the economy. National critics complained about the illegality of Bukele’s re-election as international observers opted for cautious optimism. The debt to the country’s pension scheme stands at over US$10bn and by 2027, El Salvador will have to find US$800mn annually to fund it according to economist Mauricio Choussy.

The full publication is available internationally on a subscription-only basis. SUBSCRIBE TO A FREE TRIAL