El Salvador Approves $152 million More for Security

Despite the rising fiscal deficit, the Legislature has approved a new debt issue of $152 million to finance the construction of prisons and strengthen the fight against crime.

After continuous meetings and bilateral approaches, the Legislature unanimously authorized the Executive Body to issue Credit Securities, worth up to $152 million, which will be used to meet the full funding that is required for the timely implementation of extraordinary measures for public safety, the same execution which began just over a month ago and whose results are palpable in terms of reducing homicide and extortion, and other activities related thereto.

These actions, according to the approved decree, have become indispensable for the special and extraordinary strengthening of services which must be provided to cover all of the plans to combat insecurity. These services are being implemented by the Government of El Salvador and supported by the Legislature and government institutions.

Source: Legislative Assembly of El Salvador.