Central America asks BCIE for backing for Central and Private Banks
The region made a petition to the Central American Bank for Economic Integration that could reach $2 billion, that is $400 for each one of the five countries in SICA.
Monday, October 6, 2008
Central America is seeking its own financial rescue plan. After analyzing the possible effects of the financial crisis in the United States on the region, the Heads of State of the Central American Integration System (SICA) asked the BCIE "to consider the possibility of extending lines of credit for up to $200 million for the Central Banks" in the region.
The presidents of the region have back-to-back meetings today in El Salvador and tomorrow in Mexico, to discuss regional integration and the re-starting of the Plan Puebla Panama.
In Central America, Antonio Saca is first (66%), followed by Oscar Arias (49%), Martín Torrijos (48%), Álvaro Colom (45%), Daniel Ortega (38%), Manuel Zelaya (25%).
The vice president of the United States will meet with isthmus leaders during his visit to Costa Rica on March 29 and 30.
The SICA summit ended with a declaration that includes a dozen measures that they are seeking to implement in order to deal with the global financial crisis.
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