$ 64 Million From Germany to Honduras

The government signed a technical and financial assistance treaty with Germany for $ 64 million.

Tuesday, January 25, 2011

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.



More on this topic

El Salvador: $73 million for Infrastructure and Social Programs

November 2011

The European Union has announced contributions for social and electoral programs, as well as infrastructure improvements.

The nonrefundable collaborative agreements signed are for projects for rural roads, community development, poverty reduction, and assistance to those affected by the recent rains among others schemes.

IDB Announces $ 2.000 Million for CA and Dominican Republic

March 2011

The President of the IDB announced funding to meet priorities in Central America and the Dominican Republic.

"This year we will maintain our response and commitment to the region," said Alberto Moreno. “The $ 2.000 million” he added, “will be used to address infrastructure priorities, particularly roads, energy, social safety nets, with an emphasis on strengthening health services, education, housing, natural disasters and climate change, finance and public safety.

Salvadoran Assembly Approves Credits for $ 105 Million

October 2010

The Government's approval to negotiate two IDB loans is for social and housing programs.

A $ 35 million loan will be allocated for the implementation of the Community Support of Urban Solidarity and a $ 70 million loan to finance the Comprehensive Improvement for Housing and Urban Squatter Settlements Phase II.

El Salvador Negotiates $250 Million with WB

October 2009

Representatives from the World Bank are evaluating the projects for which the government is seeking loans.

Alexander Segovia, technical secretary of the President, reported that the Bank could approve the loans in November, adding they are intended for social programs.

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