Identifier
Created
Classification
Origin
05SANSALVADOR2336
2005-08-22 15:02:00
UNCLASSIFIED
Embassy San Salvador
Cable title:  

SALVADORAN BUDGET DATA FOR MCC

Tags:  ECON KMCA EAID ES 
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This record is a partial extract of the original cable. The full text of the original cable is not available.
UNCLAS SAN SALVADOR 002336 

SIPDIS

STATE PASS MCC, USAID, AND USTR
COMMERCE FOR 4332/ITA/MAC/MSIEGELMAN
COMMERCE ALSO FOR 3134/ITA/USFCS/OIO/WH/DDEVITO/BARTHUR

E.O. 12958: N/A
TAGS: ECON KMCA EAID ES
SUBJECT: SALVADORAN BUDGET DATA FOR MCC

Reftel: MCC EMAILS/CABLES

UNCLAS SAN SALVADOR 002336

SIPDIS

STATE PASS MCC, USAID, AND USTR
COMMERCE FOR 4332/ITA/MAC/MSIEGELMAN
COMMERCE ALSO FOR 3134/ITA/USFCS/OIO/WH/DDEVITO/BARTHUR

E.O. 12958: N/A
TAGS: ECON KMCA EAID ES
SUBJECT: SALVADORAN BUDGET DATA FOR MCC

Reftel: MCC EMAILS/CABLES


1. The Salvadoran Ministry of Finance, in coordination with
the Technical Secretariat, provided seven-years' of budget
data to the MCC in response to reftels. Emboffs who worked
with Salvadoran officials on this task were impressed by the
professional effort they put forth to compile the data in
less than a week. The data provided is a good faith effort
to respond accurately to the MCC request. The Salvadorans
have said they are willing to answer any questions MCC might
have regarding the information provided. They are prepared
to provide back-up documentation if provided. They also
commented that they found the exercise useful in initiating
additional self-examination of government spending and
intend to make this information available on a government
website. The following paragraph includes data for the most
recent five years as provided by the Salvadorans.


2. Salvadoran Budget Data (millions of dollars)

2001 2002 2003 2004 2005
Total revenue
and grants 2,041 2,196 2,406 2,489 2,750

Grants 55 49 70 74 61

Government
domestic 1,986 2,147 2,336 2,416 2,688
revenue

Total
expenditures 2,447 2,481 2,762 2,880 3,211

Underlying
balance -406 -285 -356 -390 -462

Overall
balance -600 -657 -572 -453 -519
(including grants)

Domestic financing -15 -616 129 206 9

External financing 615 1,274 444 246 511

Disbursements 964 1,779 622 615 793

Amortization -349 -505 -178 -369 -282

GDP 13,803 14,312 14,941 15,802 16,602

Health
expenditures 515 534 565 555 688

Percentage of GDP 3.7% 3.7% 3.8% 3.5% 4.1%

Education
expenditures 480 510 494 499 519

Percentage of GDP 3.5% 3.6% 3.3% 3.2% 3.1%

Primary
education 261 287 284 297 310
expenditures

Percentage of GDP 1.9% 2.0% 1.9% 1.9% 1.9%

Barclay