Costa Rica-World Bank: New Partnership Includes US$258 Million
The World Bank Board of Directors endorsed the new Country Partnership Strategy for Costa Rica, which envisages a lending program of up to US$258 million between August 2008 and December 2010.
Friday, September 5, 2008
The new partnership is based on a streamlined lending program for priority areas such as secondary education, prevention of catastrophic risks, telecommunications reform, and the comprehensive development of infrastructure in the country.
The World Bank Board of Directors endorsed today the new Country Partnership Strategy (CPS) for Costa Rica, which envisages a lending program of up to US$258 million between August 2008 and December 2010.
The World Bank will present a new offer of credit instruments to El Salvador following the cancellation of about 100 million dollars of loan debentures that failed to get approval in the Legislative Assembly.
The World Bank has announced two loans to Honduras for a total of 78.6 million dollars.
The money will be invested in a project intended to strengthen the country’s management system.
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