Two pieces of economic news:
The Inter-American Development Bank has approved a $100 million loan to El Salvador. The loan will support the government's Solidarity Net poverty reduction program.
El Salvador is forecasting increased economic growth. Reuters reported that:
Economic growth in El Salvador will increase to about 4.5 percent in 2007 compared with 3.5 percent expected this year, the finance ministry said in a budget bill sent to Congress on Thursday.
The Central American nation's central bank predicted at the beginning of September that the economy would grow 3.5 percent in 2006. Gross domestic product rose 2.8 percent last year.