The IMF Executive Board approved a new 40-month arrangement under the Extended Fund Facility (EFF) for El Salvador, with access equivalent to US.4 billion. The Board’s decision allows the authorities an immediate disbursement equivalent to around US$113 million.
From Flow House, we continued to the coastal town of El Zonte, where we discovered Palo Verde Sustainable Hotel—a prime example of high-quality hospitality combined with environmental and social responsibility. Nestled on the black-sand shores of the Pacific Ocean, this hotel has become a symbol of innovation and regenerative tourism.
New U.S. policies risk perpetuating a cycle of violence and abuse that has for decades undermined the rights of Salvadorans and prompted migration to the United States.