IDB Approves $50 Million Program to Strengthen Economic Statistics in El Salvador
El Salvador, Sept. 16 -- The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a $50 million loan to support El Salvador's Economic Statistics Strengthening Program, an initiative that will improve the quality of official data for decision-making. This program will be executed by the Central Reserve Bank of El Salvador (BCR). The program's overall objective is to increase the use of official economic information for decision-making by improving the relevance, timeliness, reliability, and accessibility of statistics and the capabilities of the institutions responsible for producing them. The operation will finance the implementation of a new Economic Census, the modernization of statistical systems, and the a...
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