No New Taxes: El Salvador Proposes $12.4 Billion 2027 Budget Focused on Growth.
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The education sector will have an allocation of more than $3.4 billion under the General Budget of the Nation 2027, presented to the Legislative Assembly. The resources represent more than 8.1 % of GDP and, according to the above, will allow to continue with projects and actions related to the infrastructure of the educational centers, in addition to [...]
In the Budget Bill 2027, the national government plans to increase by 27.2% the resources allocated to the “Education and Culture” function compared to the forecast at the end of 2026. Taking into account the average inflation of 20.5% projected for 2027, the increase would be equivalent to an increase of 5.6% in real terms. [...]
Day to Day News ElSalvador–The State General Budget for 2027 project contemplates expenditures for $12.421 million and places the education sector as one of the main destinations of public resources, with a consolidated investment of $3.416 million, equivalent to 8.1 % of the Gross Domestic Product (GDP), according to the figures presented by the [...] The post Budget 2027 raises $12.421 million and prioritizes resources for education appeared f…
The Minister of Finance, Jerson Posada, publicly handed over to the Legislative Assembly the draft Law of the General Budget of the State, special and autonomous budgets for 2027, for an amount of $12,421 million. The proposal contemplates a budget gap of $515 million and was accompanied by the draft Law of Wages for the fiscal year next year. During the delivery, Posada pointed out that one of the main priorities of the budget will be education…
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