| FMLN calls for suspension of dollarization The Salvadoran government is planning to use $435 million of El Salvador's foreign currency reserve to implement dollarization. On January 14th the FMLN officially called upon President Flores to suspend the dollarization process and use the $435 million for national reconstruction. The FMLN also called for the forgiveness of its external debt, which will sky rocket after the earthquake. There are already indications that El Salvador and the InterAmerican Development will try and negotiate a $500 million dollar reconstruction loan. |