The fiscal pact, the only way to get out of the government's financial crisis

Abstract

This article is to think about the Salvadoran government’s financial crisis, caused by excessive public debt, weak tax collection, and irrationality in public spending, contracting debts to pay debts, about sending to the population a clear message that scarce government resources are to be used efficiently and with complete austerity, the fiscal crisis is a problem that affects the government alone, but has a striking impact across the country, both economically and socially, and that should be clear that this problem is not only the responsibility of the current government, but is the cumulative result of the decisions that have been taken in the last 25 years, in addition to presenting proposals to develop the time to turn crisis into opportunity, to correct the decisions have not been successful, but instead are helping to deepen the problems.