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ipedia.com: Economy of El Salvador Article (Site not responding. Last check: 2007-10-08) |
 | | The impact of the civil war on El Salvador's economy was devastating; from 1979-1990, losses from damage to infrastructure and means of production due to guerrilla sabotage as well as from reduced export earnings totaled about USD $2.2 billion. |
 | | The post-war boom in the Salvadoran economy began to fade in July 1995 after an abrupt shift in monetary policy was followed by a June increase in the value added tax (VAT) and price hikes in basic public services. |
 | | El Salvador's external debt decreased sharply in 1993, chiefly as a result of an agreement under which the United States forgave about $461 million of official debt. |
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