World Bank approves loan for Guatemala for up to $1.5 billion

The World Banks approved the new Strategic Alliance, which includes loans for up to $1 billion and the possibility of getting another $0.5 billion from the International Finance Corporation.

Thursday, September 25, 2008

"This Strategic Alliance supports the efforts of Guatemala to fight poverty and inequality by increasing specific social spending and public investment and reforms that seek to expand fiscal space and improve governance and transparency," said Laura Frigenti, World Bank director for Central America.

More on this topic

Honduras: $1.254 billion available in loans

March 2012

The IDB, CABEI, and the World Bank top the list of the seven financial institutions that together have pledged a total of $3.189 billion in loans for the development of public works.

The amount still available in the Honduran loan portfolio for external funding is $1.254 billion. The total amount of loans approved is $3.189 billion.

Guatemala: World Bank Approves USD 350 Million Loan

July 2009

The World Bank Board of Directors approved a USD 350 million Development Policy Loan (DPL) for the government of Guatemala.

With the objective of continuing to support the country’s efforts to improve its fiscal and institutional policies and mitigate the impact of this global crisis.

World Bank lends $200 million to Guatemala

October 2008

The World Bank approved a $200 million Development Policy Loan for Guatemala.

The Bank's press release states that the main objectives of this loan are:

-To attend to fiscal and financial needs during a year of economic slowdown.

-To improve economic growth outlooks, increase fiscal spaces address public expense priorities, and contribute to improving the country’s governance and poverty reduction.

World Bank to offer new credits to El Salvador

June 2008

The World Bank will present a new offer of credit instruments to El Salvador following the cancellation of about 100 million dollars of loan debentures that failed to get approval in the Legislative Assembly.

The World Bank's managing director, Juan José Daboub of El Salvador, announced that the offer will be made to the government and other politicians and officials next Sunday.

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