A loan from the Inter-American Development Bank will finance the construction of a new hospital and the implementation of an automated information system in Honduras.
From the IDB press release:
December 12th, 2018. The Inter-American Development Bank has approved a $53.8 million loan to build a new hospital in Honduras that will improve trauma and emergency care services both in the capital Tegucigalpa and the central-southeast region of the country. Through the construction of this hospital and an improvement in health care services, the plan will boost living standards and enhance care for patients with external injuries, in addition to easing the workload at the University Hospital.
Banco Centroamericano de Integración Económica signed a loan contract with the FCC Consortium to finance the six-lane extension of the beach corridor in Panama, Section I: La Chorrera-Santa Cruz.
The project "Expansion to six lanes, Las Playas Corridor, Section 1: La Chorrera-Santa Cruz, which has an approximate length of 36.3 kilometers, and begins at the end of the Arraiján - La Chorrera highway and ends at the entrance to Santa Cruz (before the crossing over the Lagarto River)," was awarded in November 2017.
The Latin American Development Bank approved a loan to finance projects to improve the drinking water distribution system in the country's metropolitan area and other provinces.
The Board of Directors of the Latin American Development Bank (CAF) approved a USD 200 million loan to the Republic of Panama to support the National Investment Program for the Water and Sewerage Sector (PRONAISA).
The Inter-American Development Bank loan will be used to finance wastewater projects in Honduras, sewerage works, construction of sports infrastructure, and other works.
On October 10th, the Congress of Honduras approved a $60 million loan from the Inter-American Development Bank (IDB), to be paid over 25 years at an annual interest rate of 0.25%.
In Honduras it has been reported that the $80 million that will be granted to the coffee sector is in the stage of consultation, risk analysis and verification of loan conditions.
Representatives of the Honduran Coffee Institute (Ihcafé) reported that two banking entities presented their proposals to manage the financing, which will be under the modality of syndicated credit, which consists of several institutions lending the funds, but only one will manage them and establish the conditions.
The Senate has approved a loan agreement signed between the country and the Inter-American Development Bank, and the funds will be used for the Sustainable Agroforestry Development program.
The Senate of the Dominican Republic has reported that the resources will be used to finance the Sustainable Agroforestry Development program which will be executed by the Executing Technical Unit of Projects at the Agroforestry Development of the Presidency of the Republic (UTPDA) and the Ministry of Public Works and Communications.This initiative was sent by the Executive Power.
The Panamanian government has authorized a $400 million loan between Empresa de Transimisión Eléctrica and Citibank, for the payment of the Third Transmission Line.
As detailed in the August 10 editions of the official newspaper, La Gaceta, the funds will be used to cancel Partial Payment Certificates, a format known as a Turnkey project.
The Inter-American Development Bank has granted a loan that will be used to finance energy efficiency projects for small and medium-sized companies.
The funds for this loan come from the Green Climate Fund (GCF) and will be executed by the Development Bank of El Salvador (BANDESAL). The objective of the financing granted is to support the efforts being made by SMEs in El Salvador to reduce electricity consumption and limit greenhouse gas emissions, reported the Inter-American Development Bank (IDB).
The CABEI has approved a $425 million loan to finance a water supply project in three cantons in Guanacaste, Costa Rica.
The Central American Bank for Economic Integration (BCIE) reported that the funds will be used to finance construction of hydraulic, civil and mechanical structures to achieve the multiple purpose of providing water for irrigation, water for human consumption and future generation of energy.
As of May 2018, the credit portfolio of the financial system in the Dominican Republic totaled $21.147 billion, registering an increase of 12% with respect to the amount reported in the same month in 2017.
According to figures from the Superintendency of Banks, between May 2017 and the same month of this year, the total amount of the loan portfolio increased from $18.957 billion to $21.147 billion.
The IDB has approved a loan to finance projects related to the improvement of market connectivity for small agricultural producers and the application of agroforestry technologies.
The Inter-American Development Bank (IDB) reported that "... Through a loan of US $150 million, the Dominican Republic will work on the adoption of agroforestry technologies and improvement of connectivity to agricultural markets to increase incomes of small producers, and increase environmental sustainability and adaptation to climate change through the best management of natural capital."
The Congress has ratified a loan with the Inter-American Development Bank to build two hospitals and make improvements to the health system.
The Legislative Assembly reported that "... After constant approaches to achieve the required consensus, the Legislative Assembly unanimously ratified the loan contract between the Executive and the Inter-American Development Bank (IDB) for $170 million to finance the Integrated Health Program II. With the resources it will be possible, among other things, to carry out construction of a new Rosales Hospital and a General Hospital in the northern zone of San Salvador in Nejapa."
Up to March 2018, the financial system's credit portfolio totaled $20,811 million, which is equivalent to an increase of 11% compared to the amount reported in the same month in 2017.
According to figures from the Superintendency of Banks, between March 2017 and the same month this year, the total amount of the loan portfolio increased from $18,667 million to $20,811 million.
Explained by obligations with national creditors, between December 2017 and March 2018, the debt increased from $6.487 billion to $6.727 billion, registering an increase of 3.7%.
The Central Bank of Nicaragua reported that as of March 2018 "... Nicaragua's public debt totaled 6.7274 billion dollars, of which 5.6032 billion correspond to public external debt and 1.1242 billion to the debt of the Central Government and the BCN with the national private sector. Public debt increased by 3.7 percent compared to December 2017, mainly associated with an increase in debt with national creditors (US $183.6 million); debt with external creditors registered an increase of 57.2 million dollars."
El Salvador's Congress approved an IDB loan of $350 million to finance the government budget deficit at a 3.25% rate.
The president of the Legislative Assembly, Norman Quijano, stated that " ..." with the conditions offered by the IDB we will have an interest rate estimated at 3.25%, with the bonds we had an average rate of 7 and 8%, the reduction of interests will mean a saving of tens of millions of dollars for the country.' "