According to the Honduran Minister for the Presidency, María Guillén, of the total CABEI funds, $235 million will be spent on health, education and nutrition programs as well as improvements to school meals and the country’s food security.
“The remaining $53 million will, says vice-president Guillén, be invested in employment generation schemes and other social programs to help the poorest segments of the population,” writes Prensalibre.com.
The funds are part of a total of $ 280 million for social programs.
To support the efforts of Honduras in implementing the Millennium Development Goals, the Central American Bank for Economic Integration (CABEI) disbursed a $ 100 million loan to the country.
The resources of this loan will contribute positively to compliance with six of the eight Millennium Development Goals, and through the different components of the program seeks to eradicate extreme poverty and hunger, support education, reduce mortality child mortality, improve maternal health, ensuring environmental sustainability and promoting gender equality.
The government signed a technical and financial assistance treaty with Germany for $ 64 million.
The funds will go to social projects on environment and governance, housing and support programs for Micro, Small and Medium Enterprises (MSMEs).
"The Honduran Minister of the Presidency, expressed satisfaction for completing successfully the intense negotiation process between both economic technical teams, which led to the signing of a cooperation agreement for $ 64 million," reported website Proceso Digital.
The Treasury Ministry of El Salvador requested the Legislative Assembly to approve six loans for $531 million with international organizations.
From the total, $200 million are with the Inter-American Development Bank (IDB), $161.7 million with the Central American Bank for Economic Integration (CABEI) and $170 million with the World Bank (WB).
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