Central American Bank loans $100 million to Honduras
Central American Bank for Economic Integration will give $100 million to Honduras. The loan is part of a larger payout to Honduras of $280 million, according to a press release sent out by the BCIE.
The money, which was approved for the loan Monday, will be used to support the BCIE’s to eradicate hunger, support primary education, to reduce the infant mortality rate and to help improve the health of poor mothers. Other projects that the BCIE has helped fund in Honduras this year include support for road infrastructure and road signs, money to buy medical equipment, and several social projects.
“With this, we are reiterating our commitment to continue supporting meaningful ways of development for Honduras and its people,” said Alejandro Rodriguez Zamora, Executive Vice President of the bank.
You may be interested
Adaptive surfing, part II: The story of Dean BushbyEllen Zoe Golden - May 22, 2018
A three-part look at adaptive surfing in Costa Rica. Read Part I here to learn how a Central Pacific coach is…
Costa Rica launches Pride Connection networkElizabeth Lang - May 22, 2018
As Costa Rica continues to grapple with the disagreements about marriage equality and gender identity that dominated the second round…
Costa Rica at a glance: top news from the past weekThe Tico Times - May 21, 2018
Newly inaugurated Costa Rican President Carlos Alvarado is closing in on two weeks on the job. Here are some of…