El Salvador central bank raises growth forecast for 2014
SAN SALVADOR Aug 27 (Reuters) - El Salvador's economy should grow by around 2.2 percent this year, slightly stronger than previously forecast, the country's central bank said on Wednesday.
The Central American nation's central bank had previously predicted growth of 2 percent for 2014.
However, thanks to remittances from Salvadorans living in the United States and improving exports that forecast will likely be exceeded, the bank said.
The economy of El Salvador, one of the poorest nations in the Americas, expanded by 1.9 percent last year.
(Reporting by Nelson Renteria; Editing by Eric Meijer)
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