Honduran Businesses Asses Aid Cutoff
Businessmen analyzed short-term action plans in the light of measures announced by the United States.
Friday, September 4, 2009
Businessmen from different sectors requested the government legal instruments for creating jobs, such as the Temporary Jobs Law.
The World Bank announced it will resume $390 million in loans for the new Honduran government.
John J. Danilovich, president of the CRM assistance program, reported that all subsequent payments will be frozen.
These CRM funds had been designated for the construction of a highway project and a property regulation project.
Due to the political situation in Honduras, the World Bank suspended the disbursement of a loan in the amount of $270 million to the country.
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