BCIE Disburses $ 100 Million to Honduras

The funds are part of a total of $ 280 million for social programs.

Wednesday, December 1, 2010

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.

Some components of the program, such as School Lunch, Milk Glass, rehabilitation, expansion and equipping of schools, Basic Drugs Table & Bono 10.000, are part of efforts funded by the CABEI to consistently increase investment in people and productive investment, key sources of economic growth.

More on this topic

$ 64 Million From Germany to Honduras

January 2011

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.

Panama: $ 200 Million to Improve Fiscal Management

December 2010

The IDB loan will support the implementation and framework of a modern fiscal policy based on international practices.

The IDB loan will support the implementation and framework of a modern fiscal policy based on international practices.

Panama will reform its tax laws and improve public management expenditures with a loan of U.S. $ 200 million approved by the Inter-American Development Bank (IDB).

Nicaragua: $ 42.5 Million to Strengthen Fiscal Sector

November 2010

The IDB loan will strengthen fiscal management and improve tax collection.

Nicaragua will strengthen fiscal management, improve tax collection and increase the quality, transparency and efficiency of spending on poverty with the third and final loan of U.S. $ 42.5 million to support policy reforms approved by the Inter-American Development Bank (BID).

$ 74 Million To Balance Honduras' Budget

November 2010

The World Bank approved the loan to support the Government's fiscal program.

The World Bank Board approved a loan for U.S. $ 74.7 million to support the government program designed to address the difficult fiscal situation in the short term and to achieve balanced fiscal accounts, which will bear fruit in the medium and long term, thus, promoting development in the country.

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