El Salvador Infrastructure Q2 2020
The construction and infrastructure market in El Salvador does offer some short-term growth potential. Projects havegained traction with the support of the Fomilenio II development programme and an uptick in regional aid. The market alsooutperformed expectations in 2019, leading to more positive 2020 forecasts. Beyond the short term, however, the headwinds facingthe industry are likely to stifle growth potential, with a growing fiscal deficit placing increasing pressure on public spending and apoor security environment deterring overseas investors.
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