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El Salvador
Searching for car hire is never much fun. That is why
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car hire for El Salvador as easier as possible. There are
a number of car rental suppliers around the El Salvador area
and we search the best ones for convenience, price and
quality.
We search companies including Advantage, Alamo, Enterprise,
Dollar, Sixt, Eurocar, Budget, Thrifty, National and
many more looking for the best deal for you for when
you arrive in El Salvador. Choose Car Rental options on size
and manufacturer and pay in your own currency.
So whether you’re visiting El Salvador for business or pleasure,
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El
Salvador achieved independence from Spain in 1821 and
from the Central American Federation in 1839. A 12-year
civil war, which cost about 75,000 lives, was brought
to a close in 1992 when the government and leftist rebels
signed a treaty that provided for military and political
reforms.
The
smallest country in Central America, El Salvador has the
third largest economy, but growth has been modest in recent
years. Economic growth will decelerate in 2009 due to
the global slowdown and to El Salvador's dependence on
exports to the US and remittances from the US. El Salvador
leads the region in remittances per capita with inflows
equivalent to nearly all export income. In 2006 El Salvador
was the first country to ratify the Central America-Dominican
Republic Free Trade Agreement (CAFTA). CAFTA has bolstered
the export of processed foods, sugar, and ethanol, and
supported investment in the maquila sector. The SACA administration
has sought to diversify the economy, focusing on regional
transportation and tourism. El Salvador has promoted an
open trade and investment environment, and has embarked
on a wave of privatizations extending to telecom, electricity
distribution, banking, and pension funds. In late 2006,
the government and the Millennium Challenge Corporation
signed a five-year, $461 million compact to stimulate
economic growth and reduce poverty in the country's northern
region through investments in education, public services,
enterprise development, and transportation infrastructure.
With the adoption of the US dollar as its currency in
2001, El Salvador lost control over monetary policy and
must concentrate on maintaining a disciplined fiscal policy.
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