Central American nation El Salvador is launching a national electronic lottery that will be operated jointly with Canada.
The Legislative Assembly of El Salvador overwhelmingly approved on July 26 an Economic Agreement to launch the lottery.
This new offer will be added to the existing one from the Lotería Nacional de Beneficencia (LNB) of El Salvador, allowing the country’s government to “raise additional funds to support municipalities and invest in the execution of health and education programs.”
The implementation and operation of the new Lotería Electrónica Nacional will be overseen by the Canadian Commercial Corporation, a government-owned entity that is accountable to the Canadian Parliament through the Minister of International Trade, Export Promotion, Small Business, and Economic Development.
It is currently the only agency from Canada that mediates between Canadian businesses and governments in international contracts, and says one of its goals is for “Canadians to compete successfully in complex and highly competitive government procurement markets.”
Deputy Ana Figueroa, who is also President of El Salvador’s Foreign Relations Committee, said that the agreement “aims to improve the areas of health and education in both countries.”