The President of El Salvador will not finance the 2025 budget through debt issuance

ChainCatcher news, Salvadoran President Nayib Bukele revealed part of his plan aimed at promoting the Salvadoran economy, which is one of his biggest goals for his second term. In a speech commemorating the national independence, Bukele stated that next year's budget will be self-funded and that no debt will be issued to maintain government operations.

Nayib Bukele stated that El Salvador will not even pay interest on its debt during this period by issuing more debt, emphasizing that all payments will be made using self-funding.