Partnership for growth el salvador united states


Goal 6: Surmount low productivity of tradables by transforming factors of



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Goal 6: Surmount low productivity of tradables by transforming factors of
production of the tradables sector through the implementation of strategies to
improve innovation and quality, and a focus on the international market.
On Track
The Ministry of Economy’s Productive Development Fund (FONDEPRO) granted $1.9 million in co- financing to 111 SMEs implementing 139 business initiatives that generated 620 jobs. The GOES approved an additional $6.4 million to strengthen institutions providing business development services to support SME export activities. The GOES and the private sector developed a work plan to promote six key economic sectors (aeronautics, textiles, chemical-pharmaceuticals, plastics, electronics, and distance business services) that offer comparative advantages. With USG support, the GOES and the private sector launched anew Small Business Development Center (SBDC), bringing the total of such centers to
12. The 1,969 businesses assisted by SBDCs in 2013 yielded domestic sales and exports of $11.3 million, a 143 percent increase, and generated 3,430 jobs. The USG provided international business development assistance to 483 businesses. These firms increased domestic sales and exports by $6.3 million, generating 760 jobs. A $255,000 grant was approved by the USG for the FUPEC Foundation to work with Salvadoran hometown associations in the US, extending assistance to microbusinesses and grassroots associations in El Salvador. El Salvador ranked 60 of 148 countries in Business Sophistication in the 2013-2014 Global Competitiveness Index, an improvement of 22 positions (as reported in the previous scorecard, while. The number of export companies with sales over $500,000 decreased to 474 firms for January-February 2014, from 542 in 2013.


On track 12. reduce overcrowding in prisons behind schedule
Goal 1-2: professionalize and improve the effectiveness of justice sector
Goal 3: reduce the impact of organized crime on small and medium businesses,
Goal 4: facilitate economic growth by ensuring el salvador’s labor force is
Goal 5: remove assets from criminal organizations and fund and support security
Goal 7: promote a national dialogue on actions to improve citizen security in el
Goal 8: assist at-risk youth between ages 16-25 through efforts to afford them
Goal 9: support the pnc to strengthen its service orientation as a means for
Goal 10: improve educational opportunities for in-school and out-of-school youth
Goal 11: prevent crime and violence in key municipalities of el salvador and
Goal 12: reduce overcrowding in prisons, thereby allowing the salvadoran prison
Salvador, and help former offenders become full, contributing members of
Constraint 2: low productivity in the tradables sector
Goal 2: reduce firms costs due to infrastructure to improve their
Goal 3: improve the quality of the education system in order to create a more
Goal 4: raise (net) tax revenues to 16 percent of gdp by 2015 and use public
Goal 5: support a strategy for attracting and promoting fdi and making el



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