Home Nationals World Bank reclassifies El Salvador’s economy for its “medium-high” income
On this day, the official World Bank account shared the new country income rankings, highlighting the growth of El Salvador’s economy after the COVID-19 pandemic.
Given these results, the president of the Central American Bank for Economic Integration (CABEI), Dante Mossi, shared: “Congratulations to the economy of El Salvador, which is now reclassified as an upper-middle income economy. And it recognizes the economic growth that it has had in the post-pandemic ”.
Likewise, Mossi regretted that Honduras and Nicaragua remain as “lower-middle” income countries, lagging behind in comprehensive development at the regional level.
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