El Salvador

Ley Orgánica de Administración Financiera del Estado (AFI, Decreto 516/1995) y Ley Corte de Cuentas (Decreto 438/1995)

Decreto 516/1995 AFI; Decreto 438/1995 CCR; Decreto 868/2000 LACAP; Decreto 534/2011 LAIP; Decreto 533/2016 RF; Const. 1983 Arts. 195-199, 226-231

Statute text →

Fiscal Transparency: 69/100 (good)
69
out of 100
limited
37 of 37 scored fields populated. Higher = stronger statutory transparency requirements.

El Salvador's national fiscal transparency framework is anchored by the Ley Orgánica de Administración Financiera del Estado (AFI, Decreto 516/1995) and the constitutional Corte de Cuentas de la República (Const. 1983 Arts. 195-199). The AFI creates SAFI — an integrated financial management system unifying budget, treasury, accounting, and public credit. Corte de Cuentas magistrates are elected by a two-thirds Asamblea Legislativa majority. The LAIP (Decreto 534/2011) mandates salary disclosure for all public servants. El Salvador is fully dollarized since 2001. FACTS 500 scores the statutory framework at 69/100; however, OBS 2023 transparency has collapsed to 24/100 (from 53/100 in 2015) due to the Bukele administration's non-compliance with fiscal transparency statutes.

Transparency Requirements

Budget Publicationmax 12 pts

Budget publication required ✓ Yes
Budget published online ✓ Yes
Budget publication timeline 92 days before fiscal year
Machine-readable budget format No
Draft budget required before adoption ✓ Yes

Expenditure Disclosuremax 12 pts

Expenditure disclosure required ✓ Yes
Expenditure granularity department
Public expenditure portal required ✓ Yes
Expenditure reporting frequency quarterly

Independent Auditmax 12 pts

Audit required ✓ Yes
Auditor independent of entity ✓ Yes
Auditor selection method elected
Audit frequency annual
Audit reports public ✓ Yes
Audit scope financial performance

Contract & Procurementmax 10 pts

Public bidding required ✓ Yes
Contract publication required ✓ Yes
Bid award disclosure ✓ Yes
Beneficial ownership disclosure No

Debt & Liability Disclosuremax 10 pts

Debt disclosure required ✓ Yes
Pension liability disclosure No
Contingent liability disclosure ✓ Yes
Voter approval required for new debt No

Fiscal Reporting Frequencymax 10 pts

Interim reporting required ✓ Yes
Interim reporting frequency quarterly
Year-end report deadline 90 days after fiscal year
Citizens budget required No

Enforcement & Oversightmax 10 pts

Non-compliance penalties ✓ Yes
Fiscal oversight body No
Whistleblower protections No
Legislative budget office No

Revenue & Tax Transparencymax 8 pts

Tax expenditure reporting ✓ Yes
Revenue forecasting required ✓ Yes
Tax rate publication ✓ Yes
Fee schedule publication ✓ Yes

Compensation & Payrollmax 8 pts

Salary disclosure required ✓ Yes
Salary disclosure scope all
Pension benefit disclosure No
Overtime reporting No

Capital & Asset Disclosuremax 8 pts

Capital plan required ✓ Yes
Asset inventory required No
Surplus asset disposal transparency No

All Fiscal Transparency Laws