On Wednesday, El Salvador’s Congress voted to remove public financing for political campaigns, fulfilling a commitment made by President Nayib Bukele. This reform passed with overwhelming support from lawmakers, and the legislation is now awaiting Bukele’s signature, potentially reshaping campaign financing in El Salvador.
El Salvador’s Congress has officially voted to eliminate public funding for political campaigns, aligning with President Nayib Bukele’s recent promises. The reform, which underwent a streamlined constitutional process, passed almost unanimously with 58 out of 60 lawmakers’ votes in favor. This legislation will now be sent to Bukele for his expected approval.
Previously, political parties received funds from the government based on their electoral performance. However, they were also required to repay any advance payment if their actual votes did not meet initial expectations. Removing public financing is set to significantly alter the financial framework of electoral campaigns in the country.
The El Salvador Congress’s decision to abolish public campaign financing marks a notable shift in political funding that may impact future elections. It reflects President Bukele’s political strategy and the influence of his allies within Congress. The full implications of this reform will unfold as the nation prepares for its next electoral cycle.
Original Source: www.thederrick.com
