IDB to Provide $ 162 Million to Honduras in 2011

The funds would be used to support judiciary and security projects by the Statistics Institute.

Monday, February 28, 2011

Another area is educational technology, as there is a plan to provide one computer for every child enrolled at basic levels.

Miguel Manzi, IDB Resident Representative, explained that about 500 million, earmarked for various projects running nationwide for the past 5 years, are awaiting disbursement, but the government needs to speed up its procedures to release these funds.

In 2010, the country received $ 170 million, while the average of the last fifteen years was $ 90 million.

More on this topic

Guatemala: $100 million to Fund Infrastructure

November 2016

The government has announced that in 2017 it will put out to tender 45 infrastructure projects, financed with funds from the Inter-American Development Bank.

Health, education, security, and water and sanitation are the areas in which the Guatemalan government plans to develop projects in 2017.

Nicaragua: $61.5 million for Road to Atlantic Coast

December 2014

The Inter-American Development Bank has approved a loan of $61.5 million to improve access by road to the South Atlantic Autonomous Region.

From a statement issued by the Inter-American Development Bank (IDB):

The Inter-American Development Bank (IDB) has announced the approval of a loan of US $61.5 million to Nicaragua to improve the quality of transport services and national and international integration of the country.

Costa Rica Applies for $ 132 Million IDB Loan

March 2011

The Government signed a declaration of intent for a loan in order to fund new security programs.

Justice Minister, Hernando Paris, said the funds will be used to strengthen the penitentiary system ($ 74.3 million) and for social programs aimed at young people living in high risk areas.

IDB grants $20 million to Nicaragua

September 2008

The IDB approved a $20 million loan for the improvement of the tax collection system and the fight against poverty.

The credit was granted for a term of 40 years with an annual interest rate of 0.25% since the Inter-American Development Banks believes that Nicaragua has met the macroeconomic stability conditions demanded by the organism in order to disburse the funds.

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