The plan envisages the sale of $1.8 billion in global bonds and the reorientation of $950 million in World Bank and IDB loans to make payments on short-term debt.

With the bond sale, the country seeks to restructure its debt so that it depends more on the long rather than the short term.

According to a Reuters article published in Forbes.com: "This plan aims to give the next president, Mauricio Funes, a respite to solve the fiscal problems that led Standard and Poor's to lower El Salvador's debt rating."

Source: forbes.com

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Debt Plan and Fiscal Uncertainty

January 2020

To ensure financing for its future functions, the Costa Rican government will seek loans from the World Bank, IDB, CABEI and CAF during 2020, and plans to insist on the approval of $4.5 billion in Eurobonds.

For this year, the Costa Rican government plans to continue negotiating loans for budget support with the World Bank, the Inter-American Development Bank (IDB), the Central American Bank for Economic Integration (CABEI) and the Andean Development Corporation - Latin American Development Bank (CAF).

El Salvador: $350 million to Cover Fiscal Deficit

June 2018

El Salvador's Congress approved an IDB loan of $350 million to finance the government budget deficit at a 3.25% rate.

The president of the Legislative Assembly, Norman Quijano, stated that " ..." with the conditions offered by the IDB we will have an interest rate estimated at 3.25%, with the bonds we had an average rate of 7 and 8%, the reduction of interests will mean a saving of tens of millions of dollars for the country.' "

Costa Rica: Debt Plan for 2018

February 2018

During the first semester, the government plans to issue up to $2.175 billion in debt securities through auction mechanisms and electronic windows in the local market.

According to the plan presented by the Ministry of Finance and the Central Bank, the debt figure " ...

Honduran Public Debt For Sale

March 2012

The new finance minister has announced plans to restructure Honduras’ public debt of about $5.8 billion, almost all of it in short-term format, with high interest rates.

Honduras is facing a severe debt problem which could become a disaster for their public finances.

Public debt, external and internal, had reached $5.772 billion up to December 31st, 2011 .