Salvador Sánchez Cerén sworn in as President of El Salvador
Salvador Sánchez Cerén was sworn in as the new President of El Salvador yesterday.
The former left-wing rebel leader, standing for the former guerrilla movement and now political party, the Farabundo Martí National Liberation Front (FMLN) won a narrow victory over the right-wing Nationalist Republican Alliance (ARENA) candidate Norman Quijano with 50.11% of the vote to 49.89% on 9th March.
In a inaugural speech that was seen as being conciliatory he called on everyone to work together, but said that he would work to fight corruption and violence. Promising to govern ‘for all’ the new president was probably mindful of the need to work with a Legislative Assembly where FMLN has 31 of the 84 seats and where ARENA has 33 seats and another centre-right party, the Grand Alliance for National Unity (GANA) has 11 seats.
Last month parliament failed to pass a bill to sell $1.15 billion in local and global bonds and it is likely that the new President will seek to reach a compromise to secure more investment. In his speech the President talked of plans to improve infrastructure and to modernise the airports, seaports and roads.