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philip m

Could someone tell me if El Salvador is a Caribbean Country .If not please share some information about it.?


    



Show all answers


DLJ
No it is not. It is located right below Mexico


stwrtlttl731
No, El Salvador is a country in Central America next to Honduras adn Guatemala.


makawao_kane
Rating
El Salvador is a small country (about the size of Massachusetts) with a coast on the Pacific Ocean only.

The smallest country in Central America, El Salvador has the third largest economy, but growth has been minimal in recent years. Hoping to stimulate the sluggish economy, the government is striving to open new export markets, encourage foreign investment, and modernize the tax and healthcare systems. Implementation in 2006 of the Central America-Dominican Republic Free Trade Agreement, which El Salvador was the first to ratify, has strengthened an already positive export trend. The trade deficit has been offset by annual remittances from Salvadorans living abroad - equivalent to more than 16% of GDP - and external aid. With the adoption of the US dollar as its currency in 2001, El Salvador has lost control over monetary policy and must concentrate on maintaining a disciplined fiscal policy. The current government has pursued economic diversification, with some success in promoting textile production, international port services, and tourism. It is committed to opening the economy to trade and investment, and has embarked on a wave of privatizations extending to telecom, electricity distribution, banking, and pension funds.


qpistol
Rating
it's a central american country and it gets very good waves





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