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El Salvador, Guatemala, Honduras, and Nicaragua also are negotiating a free trade agreement with Canada, and negotiations started on 2006 for a free trade agreement with Colombia. El Salvador's balance of payments continued to show a net surplus. Exports in 1999 grew 1.9% while imports grew 3%, narrowing El Salvador's trade deficit.
La Paz (Spanish pronunciation: [la pas]) is a department of El Salvador in the south central area of the country. The capital is Zacatecoluca. La Paz has an area of 1,228 km 2. The department was created in 1852. There are various caves containing rock writing.
The Revolutionary Government Junta (Spanish: Junta Revolucionaria de Gobierno, JRG) was the name of three consecutive joint civilian-military dictatorships that ruled El Salvador between 15 October 1979 and 2 May 1982.
Corruption in El Salvador is a problem at all levels of government, however, according to a poll conducted by the Cid-Gallup in February 2023, only 4 percent of Salvadorans believed corruption as the most pressing issue facing the country.
In July 1979, the regime of Anastasio Somoza Debayle was overthrown in the Nicaraguan Revolution and the Sandinistas gained power in Nicaragua.The event caused many military officials in El Salvador to fear that Romero's government would likely soon fall to the left-wing guerrilla forces with Sandinista support, and several military officers planned a coup to prevent El Salvador from ...
The junta was led by three civilians and three military officers: [2] Lawyer Ricardo Falla Cáceres (1929–1990) [3]; Lawyer René Fortín Magaña (1931–2020) [4]; Doctor Fabio Castillo Figueroa (1921–2012)
Blue Room of the Legislative Assembly of El Salvador. The Salvadoran legislature is a unicameral body. Until 2024, it was made up of 84 deputies, all of whom are elected by direct popular vote according to open-list proportional representation to serve three-year terms and are eligible for immediate re-election.
The Central Reserve Bank of El Salvador (Spanish: Banco Central de El Salvador) is the central bank of El Salvador, which controls the currency rate and regulates certain economic activities within El Salvador. The bank was originally privately owned, but was brought under state control through The Law on the Reorganization of Central Banking.