Panama to Invest $ 100 Million in Indigenous Communities

An aggressive investment plan of $ 100 million will be implemented in Kuna, Embera Wounaan and Bugle Ngäbe.

Wednesday, March 2, 2011

The announcement was made by President Ricardo Martinelli at the inauguration of the improvements made to the 24 de Diciembre General Basic Education Center (CEBG).

During the ceremony, the Economy and Finance Minister, Alberto Vallarino, and the President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, signed a $ 30 million loan to support education in the county. Then president Martinelli said "the $ 70 million loan approved by the IDB for construction of roads in rural areas will bring progress.”

"The IDB has offered $ 70 million to build roads in difficult access areas and will be invested in the 3 counties. This project with the IDB will change the life of people at these indigenous regions," said Martinelli.

More on this topic

Nicaragua: $35 million for Infrastructure Works

December 2011

The World Bank loan will help improve the country’s rural road infrastructure.

From the World Bank press release:

The World Bank Board of Executive Directors today approved a project for $35 million that will help improve the infrastructure of rural roads in Nicaragua and will benefit about 75,000 people, of whom just over half are women.

El Salvador: $15 million for Roads

September 2011

The country will have its road network improved in the north and east with a loan from the Inter-American Development Bank.

An IDB press release states:

The program will identify priority areas and carry out road works in order to maximize the economic and social benefits to local people.

Panama: $ 32 Million IDB Loan for Education

November 2010

Resources will be used to improve access and quality of education in three indigenous reserves.

The investment will be dedicated exclusively to the indigenous regions of Embera-Wounaan, Bugle and Kuna Yala Ngäbe.

The loan is for U.S. $ 30 million from the IDB's ordinary capital with a local contribution of U.S. $ 2.4 million.

Guatemalan Government Will Investment More in Petén

March 2010

$28.5 million were invested in the province of Petén 2009, and the authorities expect to increase this number in 2010.

The announcement was made by Juan José Pinto, head of CODEDE, the Provincial Development Council. He added that in 2009 they tripled what was invested in 2008.

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