Funes, who acknowledged that dollarization implemented in the country has created advantages and disadvantages, said that to reverse the process started in 2011 "would create uncertainty", according to Elsalvador.com.
In public statements, Vice President Salvador Sanchez Ceren, blamed dollarization for the current economic crisis and said it must be reversed to return to the colón.
Funes said he would not reverse any privatizations pushed by previous administrations nor would he start new processes.
An Argentine expert predicts that if the Salvadoran economy abandons the dollar it would trigger serious social upheaval ... and Argentines know all about that...
An article in Elsalvador.com by Eduardo Levy Yeyati, former official of the International Monetary Fund (IMF) and the World Bank, and "who has conducted research on the causes and consequences of dollarization, the behavior of markets in times of crisis and of monetary and exchange rate regimes, said a freeze on bank withdrawals in the country would be accompanied by a pronounced economic downturn, which would be associated with an imbalance in the payment system, ie, lack of liquidity. "
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