El Salvador’s legislature voted to overturn a 2017 ban on metals mining, a move supported by President Nayib Bukele for economic growth but opposed by environmental groups.
Representatives pose for a picture after El Salvador 's Congress approved a bill from President Nayib Bukele that overturned a 2017 national ban on metals mining in San Salvador, El Salvador , on Dec. 23. El Salvador ’s legislature overturned a seven-year-old ban on metals mining on Monday, a move that President Nayib Bukele had pushed for to boost economic growth, but that environmental groups had opposed. El Salvador became the first country in the world to ban all forms of metals mining in 2017.
Bukele, who took office in 2019, has called the ban absurd. All 57 of Bukele’s allies in the Central American country’s 60-seat legislature voted for the president’s legislation to overturn the ban. The legislation will grant the Salvadoran government sole authority over mining activities within the country’s land and maritime territory. “By creating a law that puts the state at the centre, we are guaranteeing that the population’s well-being will be at the centre of decision making,” lawmaker Elisa Rosales, from Bukele’s New Ideas party, said in a speech to the legislature. The legislation does prohibit the use of mercury in mining, and seeks to declare some areas incompatible with metals mining as protected nature reserves. El Salvador’s economy is expected to grow 3 per cent this year, according to the International Monetary Fund, but it has a heavy debt burden that hit a level of around 85 per cent of gross domestic product earlier this year. Bukele, who enjoys wide popularity among voters after a gang crackdown, has touted mining’s economic potential for the country of roughly 6 million people. The president shared on social media last month that studies conducted in just 4 per cent of Salvadoran territory where mining is possible had identified gold deposits worth some $132 billion, equivalent to about 380 per cent of El Salvador’s GD
ECONOMY MINING EL SALVADOR GOVERNMENT POLICY ENVIRONMENTAL IMPACTS
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