SAN SALVADOR: El Salvador’s President Salvador Sánchez Cerén on Monday replaced the ministers of finance and the economy after the ruling Farabundo Martí National Liberation Front (FMLN) suffered a historic defeat in elections at the start of the month.
The FMLN was soundly defeated in legislative elections on March 4.
Preliminary results show the party led by former Marxist rebels suffered its biggest defeat since it first competed in polls in El Salvador, which has the slowest-growing economy in Central America and is struggling with heavy debts.
The big winner of the election, according to the preliminary results, was the right-wing Nationalist Republican Alliance.
Sánchez Cerén said Finance Minister Carlos Cáceres would be replaced by Nelson Fuentes, while Economy Minister Tharsis Salomón López would make way for Luz Estrella Rodríguez.
“With the changes I am implementing, I aim to have a more executive and effective governing style with better results, in the spirit of how the population feels,” Sánchez Cerén told reporters.
The president also announced other changes regarding leading officials responsible for communications and migration.