Life in El Salvador
The State of Emergency Strategy: Why Latin American Leaders Keep Turning to It
Several Latin American countries have recently declared or prolonged states of emergency aimed at combating organized crime, even though the results of these efforts so far have been lackluster. In the first days of October, the governments of Ecuador, Honduras, and El Salvador extended their existing states of emergency. In general, this type of measure suspends civil rights such as … Read more
El Salvador’s Bitcoin Experiment: Salvadorans Aren’t Using It for Transactions
A recent survey conducted by the Francisco Gavidia University (UFG) revealed that 92% of Salvadorans do not use Bitcoin for their daily transactions. Only 7.5% reported using the cryptocurrency, while 0.5% chose not to respond. This survey results indicate that most Salvadorans have yet to adopt Bitcoin, prompting important questions … Read more
UFG Survey: Despite Economic Struggles, Most Salvadorans Support the Country’s Current Direction
The “Rumbo País 2024” survey released today by Disruptiva of the Francisco Gavidia University (UFG) shows that Salvadorans remain confident in the country’s direction despite economic challenges. When asked, “How do you see the future of the country?“ 58.2% responded optimistically. On the other hand, 31.8% stated uncertainty, 7.9% expressed … Read more
The World Bank Lowers El Salvador’s Economic Growth Forecast to 2.9% From 3.2% for 2024
The World Bank lowered El Salvador’s economic growth forecast to 2.9% from 3.2%, a 0.3 percentage point decrease from the June projections. This marks the fourth time the World Bank has revised its 2024 growth estimate for El Salvador’s economy. At the start of 2024, the Bank projected a 2.3% … Read more
El Salvador State of Exception; A Security Measure Implemented to Fight Gangs
El Salvador’s State of Exception is a security measure implemented by the Salvadoran Government to attack criminal gangs directly. The state of exception that restricts some constitutional guarantees has resulted in the arrest of over 81,000 alleged gang members and collaborators. The security measure was approved in late March 2022 … Read more