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.
Additionally, the partnership includes an expanded program of analytic and advisory activities carefully tailored to country demands and that would respond in real time to emerging demands.

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Costa Rica-World Bank: New Partnership Includes US$258 Million

September 2008

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 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.

World Bank to offer new credits to El Salvador

June 2008

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's managing director, Juan José Daboub of El Salvador, announced that the offer will be made to the government and other politicians and officials next Sunday.

World Bank to provide rural development credit in Honduras

June 2008

The World Bank has announced two loans to Honduras for a total of 78.6 million dollars.

The funds will be used for a project to improve competitiveness in rural arias and for a highway improvement program.
A World Bank news release says the 30-million-dollar loan for rural areas will support the creation and consolidation of productive alliances.

World Bank Lends $80 Million to El Salvador

June 2010

The money will be invested in a project intended to strengthen the country’s management system.

The idea is to strengthen administrative, financial and technical processes at local government level.

“It will also contribute to improve the government’s capacity to provide basic services, in the medium and long term”, reported Terra.com.

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