IDB Provides Technical Assistance to El Salvador

The assistance will help identify possible investment patterns in public-private partnerships.

Friday, November 12, 2010

As a way to revive the economy the Government is promoting investment in public-private partnerships. The president has asked the private sector to join him on this project.

La Prensa Gráfica states on its website, "On this issue, the multilateral agency is providing technical assistance to the Government in order to identify structures of this type of investment, informed the IDB representative in El Salvador. At this moment we are providing assistance for the identification of possible mechanisms for public-private partnerships," said Carmenza McLean, IDB representative in the country.

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Some 40 companies in the north of the country have requested government financial assistance as a result of the drop in tourism.

The request includes, among other suggestions, a financial plan and a program to provide technical assistance.

"The third suggestion is to create a marketing plan for the sector.

IMF to Open New Regional Technical Assistance Center

March 2009

The IMF will open in May 2009 in Guatemala City, its new Central America, Panama, and the Dominican Republic Technical Assistance Center (CAPTAC-DR).

“CAPTAC-DR is an important component of the IMF’s far-reaching reforms that will enable the Fund to respond more effectively to the emerging challenges of the global economy,” said Murilo Portugal, Deputy Managing Director of the IMF.

We will back efforts by Honduras to avoid economic chaos, says IDB representative

May 2008

Steven Stone, the Inter-American Development Bank (IDB) representative in Honduras said the bank will do all it can to support measures that avoid economic turmoil.

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Nicaragua to boost coffee growers with US$20 million in aid

May 2008

Nicaragua's government is to invest US$20 million this year in a program of technical and financial assistance for coffee growers. Coffee is the country's leading export.

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