El Salvador Sees Surge in Missing Persons Amid Government Crackdown - What Does It Mean for Investors?
In a shocking revelation, El Salvador, known for its tough stance against criminal gangs, is witnessing a concerning trend of one person going missing each day, as reported by a coalition of non-governmental organizations (NGOs) citing prosecutors' data. The attorney general's office recorded 366 missing individuals in the past year, according to the Working Group for Missing Persons in El Salvador.
Despite the government's claim of over 650 days without any homicides since President Nayib Bukele took office in 2019, concerns are rising over the human rights situation in the country. Bukele's state-of-exception declaration in March 2022 has led to mass trials, the construction of a controversial "mega-prison," and reports of deaths in custody and arbitrary detentions.
While Bukele enjoys high approval ratings for his efforts to improve security, human rights groups have raised alarms over the rising number of missing persons and alleged abuses by authorities. The NGOs have set up a portal for citizens to report missing individuals, urging the government to provide accurate information and support to the victims' families.
Investors should take note of the growing social unrest and human rights violations in El Salvador, as these issues could have implications for the country's stability and economic prospects. It is essential to monitor the situation closely and assess the potential risks before making any investment decisions related to El Salvador.
In conclusion, the surge in missing persons in El Salvador underscores the challenges facing the country despite its government's claims of improved security. Investors need to be aware of the human rights situation and its potential impact on the investment climate in El Salvador. By staying informed and vigilant, investors can make more informed decisions and protect their financial interests in uncertain times.