In 2021,El Salvador’s traditional political parties were marginalized. The ruling party,led by President Nayib Bukele,gained an absolute majority of 56 seats in the legislative election. El Salvador passed the Bitcoin Act,which is the first in the world to adopt Bitcoin as the legal currency. As El Salvador eased measures to control the COVID-19 epidemic,economic growth recovered,and consequentially the huge fiscal deficit decreased. However,public finances remain poor. In terms of the social situation,El Salador is stable on the whole despite the outbreak of local riots. In terms of diplomacy,in 2021,El Salvador’s relationship with China gradually warmed up while the contradiction between El Salvador and the US increased.
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