Collection Operations in the New NormalTuesday, January 26, 2021 The use of predictive models based on artificial intelligence processes and automated collections are some of the changes that companies are already applying in this new reality to reduce operating, management and risk costs. The spread of covid-19 changed the rules in almost all markets and business models, a situation that has affected the collections departments of companies, whose work teams are currently facing complex challenges. World Bank to offer new credits to El SalvadorFriday, June 6, 2008 The World Bank will present a new offer of credit instruments to El Salvador following the cancellation of about 100 million dollars of loan debentures that failed to get approval in the Legislative Assembly. The World Bank's managing director, Juan José Daboub of El Salvador, announced that the offer will be made to the government and other politicians and officials next Sunday. Economy Closures: What is Expected in 2021?Monday, December 7, 2020 Although the end of the year holidays is a threat to Central America for a second wave of covid-19 infections, it is expected that total closures will not be decreed since there are currently effective health control options, and less costly for the economy. When the first cases of covid-19 were reported in the region in March 2020, most governments decided to paralyze a large part of productive activities and decree home quarantines. These actions focused on containing the advance of the virus caused a severe economic crisis in all countries. Economic Growth: Improved Forecasts for the RegionThursday, January 14, 2021 The World Bank has improved economic growth projections for all Central American economies for 2021, with Honduras, El Salvador and Panama having the most promising forecasts. In June 2020, when the health and economic effects of the pandemic that caused the covid-19 outbreak were beginning to be reported, the World Bank predicted that in 2021 Nicaragua's Gross Domestic Product would decrease by -1.6%, but in a January 2021 publication it projected that the drop would be -0.9%. New World Bank representative for HondurasTuesday, August 5, 2008 The World Bank has designated Geoffrey Bergen as its new representative for Honduras, said sources from the organization. World Bank vice-president for Latin America and the Caribbean, Pamela Cox, officiated at the Bergen's appointment and said that "with this appointment we are reiterating our commitment to the Government of Honduras to continue on with the National Strategic Plan and to strengthen our relationship with the Government. World Bank to provide rural development credit in HondurasThursday, June 19, 2008 The World Bank has announced two loans to Honduras for a total of 78.6 million dollars. The funds will be used for a project to improve competitiveness in rural arias and for a highway improvement program. World Bank: 18-month economic crisis predicted for Central AmericaWednesday, April 23, 2008 The consequences in Central America of the turblance in the world economy will be a decline in exports and remissions, and higher unemployment. Marcelo Giugale, the World Bank's director of the department of economics and poverty reduction for Latin America, said yesterday the most optimistic scenario forecast by World Bank analysts is for a "short, shallow crisis" that lasts about four quarters, of which one has already passed. But, he warned, 20 per cent of the World Bank's experts worry that a more pessimistic scenario could unfold, in which the crisis lasts a year and a half. Bancarization Contributes to DevelopmentWednesday, May 20, 2015 Between 2011 and 2014 the number of people with bank accounts grew in all Central American countries, with noteworthy growth in El Salvador of 23%. In Guatemala bankariztion grew by 19% in the period in question, reaching 9.2 million people with at least one bank account. World Bank plans US$100 million loan for HondurasTuesday, June 10, 2008 The World Bank is going to lend Honduras US$100 million in the second half of this year, the bank's managing director, Juan José Daboud, announced. The loan is to support the government's development plans and in particular its efforts to resolve the food crisis, said Daboud, who was on a two-day visit to Honduras that included talks with President Manuel Zelaya and other senior officials. Panama signs $75 million loan with the World BankWednesday, October 1, 2008 The Government signed two loans with the World Banks for heath and educational projects, President Martin Torrijos reported. The Government of Panama will contribute an additional $25.75 million to the loans in order to implement the health and educational programs. World Bank: 500 million dollars available for El SalvadorThursday, June 12, 2008 The World Bank is offering a 500 million dollar loan package to the El Salvadorean government and to the opposition, with low interest rates and an extended repayment period. It said that now is the time to restructure debt and that this will be necessary for the next government, no matter which party forms it. Complexity of Paying Taxes in PanamaTuesday, December 4, 2012 In China three payments a year are required, in Chile the figure can be up to six, and in Panama up to 60 payments are required in the same period. According to an article in Laestrella.com.pa, "Panama should continue efforts to reduce the administrative complexity in the payment of taxes, recommended the global consultancy Price Waterhouse Coopers (PWC) and the World Bank (WB) on Monday." $30 million for Honduras energy sectorFriday, January 23, 2009 The World Bank approved the loan to improve the operating and financial performance of the National Energy Company. Mipunto reports: "The loan has a 20 year repayment term with 10 years grace period." WB Gives $15 Million to Costa Rica for BridgesTuesday, October 27, 2009 The World Bank (WB) green-lighted using the money to repair 10 bridges in critical state. The resources are part from a $65 million loan by the Bank, intended for responding to natural disasters. World Bank lends $200 million to GuatemalaWednesday, October 22, 2008 The World Bank approved a $200 million Development Policy Loan for Guatemala. The Bank's press release states that the main objectives of this loan are: |
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