“Until December the government had increased the debt by nearly 10 billion dollars, but when you look for works of that magnitude there are none” 2024-04-08 21:44:13

“Until December the government had increased the debt by nearly 10 billion dollars, but when you look for works of that magnitude there are none”
 2024-04-08 21:44:13

This Tuesday in the Encuentro interview with Julio Villagrán, the economist Rafael Lemus explained that the country needs to grow sustainably above 5% and progress, you cannot expect just any growth, but it must be one that is maintained consistently. constant, an example is the slight growth in remittances that are between 2 and 4%.

“What should be of interest in the economy is not just any growth, the growth that should interest us is sustainable, and growth that leads to a behavior and suddenly changes in a few months is not sustainable,” says Lemus.

Regarding the projects of interest that the government has, Lemus emphasized that legal security has been destroyed, such as violating the constitution and expropriation of properties and systematically failing to comply with the laws.

For projects of interest to the government, it has gone to expropriate small, humble people, for example in the coastal area, and it has not given them the fair compensation that the constitution speaks of… The beaches in this country are privatized when it is a right of use or public access, people do not understand that difference but it is enough to see how the international tourist attraction points are developed to see the difference”, says the economist.

On the issue of volcano bonds, the economist explains that a public official promised that the volcano bonds would be placed in the first quarter of 2024, but that period has ended and has not been fulfilled.

He also highlighted that the current government is the one that has put the country in the most debt, more than the ARENA and FMLN governments did.

Until December the government had increased the debt by nearly 10 billion dollars, but when you look for works of that magnitude there are none,” Rafael Lemus mentions.

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