El Salvador has failed to invest infrastructure budget

The El Salvador Government has failed to finish its planned programme of investments in public infrastructure projects. The country has implemented just 66% of the budget it had previously allotted for infrastructure work during 2015. In all the planned budget accounted for US$682 million. The country has so far spent $206.2 million of the $1.05 billion it has targeted for its 2016 infrastructure budget.
June 7, 2016 Read time: 1 min
The El Salvador Government has failed to finish its planned programme of investments in public infrastructure projects. The country has implemented just 66% of the budget it had previously allotted for infrastructure work during 2015. In all the planned budget accounted for US$682 million. The country has so far spent $206.2 million of the $1.05 billion it has targeted for its 2016 infrastructure budget.
Road Structures Finance & Funding

Related Content

  • Australia's huge transport investment
    February 29, 2012
    The Australian Government is allocating additional funding to renew its infrastructure and to improve transport in the major cities work in its 2011-12 budget.
    Read More
  • Brazil’s road budget bubble bursting?
    March 30, 2016
    A shortage of funds could affects Brazil's road infrastructure plans. The country’s national department of transport infrastructure, Dnit, may have to halt activities in 2016 due to a lack of funds. Dnit manages the maintenance of existing roads in Brazil but has already had to suspend road paving and expansion works throughout the country due to a lack of finances. Unless further funds are found, Dnit will only be able to finance projects until August 2016. Dnit saw its budget for 2016 set at US$1.76 billi
    Read More
  • Transport infrastructure investment for Europe
    April 13, 2015
    According to a new report by Timetric’s Construction Intelligence Centre, 15 of the major economies in Europe are investing over US$1.43 trillion in road and rail construction projects in the coming years. Russia leads with investment of $433 billion, followed by the UK and France with $263 billion and $167 billion, respectively. The railways sector has the highest value at $804 billion, followed by the roads sector at $301 billion. Tunnels and bridges is valued at $227 billion and the trams and metros se
    Read More
  • El Salvador’s dangerous roads
    September 30, 2024
    El Salvador’s dangerous roads claim more casualties
    Read More

Highlighted Content