$60 million for water projects in El Salvador
El Salvador expects to get cooperation for $60 million from the Government of Spain to carry out 40 projects to provide potable water to rural areas.
Thursday, October 30, 2008
Spain announced the start of the Cooperation Fund for Water and Sanitation yesterday during the XVIII Ibero-American Summit. This is a donor plan for $1.5 billion that will be carried out during the next four years.
Project backed by the Spanish Cooperation Fund for Water and Sanitation in Latin America and the Caribbean
The IDB approved a $44 million program for water and sanitation, backed by a $20 million loan from the IDB and a $24 million grant from the Spanish Cooperation Fund for Water and Sanitation in Latin America and the Caribbean.
The credit line by the Inter-American Development Bank will be used for rural infrastructure and aqueducts.
The donation by the Spanish Government is to be used to provide potable water to those municipalities that do not currently have the service.
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