Nicaragua to lose aid from Britain and Germany

The German embassy in Managua and Britain's Department for International Development announced the withdrawal of aid for Nicaragua as of next year.

Friday, May 2, 2008

Representatives of both countries emphasized that the decision forms part of changes in their general policies concerning aid, and has nothing to do with Nicaragua in particular.

More on this topic

U.S. Postpones Signing Fomilenio II

December 2013

The disbursement of $277 million for development of the coastal zone will be delayed at least until after the next elections in El Salvador.

The decision to postpone Fomilenio II until 2014 was publicised by the Millennium Challenge Corporation (MCC).

According to the Salvadoran president, Mauricio Funes and the technical secretary of the presidency, Alexander Segovia, the project could be signed after presidential elections next year. However, they insisted that the outstanding issue for approval are the amendments to the Law on Public Private Partnerships (PPP) and the Anti-Money Laundering Act.

Costa Rica Needs More Bureaucracy

January 2017

That is what the Chancellor is saying when proposing the creation of an International Cooperation Agency to execute the tasks that the International Cooperation Department of the Ministry evidently does not carry out itself.

EDITORIAL

In an interview published on Elfinancierocr.com, Manuel González, Minister of Foreign Affairs (MRREE) of Costa Rica, sought to justify his proposed creation of an Agency for International Cooperation, noting that currently the tasks that would be entrusted to the new state run entity are not being carried out, such as the consolidation of information about resources received by the country in terms of international cooperation. The Minister emphasized: "You ask the country today to give you a list, detailed and accurate, of some of the cooperation that is received and given, and we do not know" .

Honduras: Violence Drives Out Dutch Cooperation

March 2016

The Dutch Development Bank is making its exit from the country official and has suspended commitments and disbursements, including for a hydroelectric project promised for Agua Zarca.

"... Given the current situation, with ongoing violence, FMO decided to suspend all activities in Honduras, effective immediately.

Fomilenio II Approved for El Salvador

September 2013

The Millennium Challenge Corporation has approved a second disbursement of funds for $277 million, aimed at developing the country's coastal area.

Now the decision rests with the U.S. Congress who will have to give an answer in 15 days. "... The MCC confirmed that its board has approved a pact for $277 million over five years.

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