IDB Lends $20 Million to Salvadoran "Women City" Project

©image: Alison McKellar

The first of these was inaugurated last Monday in the municipality of Colón, department of La Libertad, and six more are planned for the next two years.

This program seeks to improve the quality of life of Salvadoran women, based on providing equal opportunities for both genders.

Source: laprensagrafica.com

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Salvadoran Congress To Decide On $531 Million Loans

April 2010

The Treasury Ministry of El Salvador requested the Legislative Assembly to approve six loans for $531 million with international organizations.

From the total, $200 million are with the Inter-American Development Bank (IDB), $161.7 million with the Central American Bank for Economic Integration (CABEI) and $170 million with the World Bank (WB).

El Salvador: $17 million for Development Projects

November 2011

The money will finance projects in health, education, security, agriculture and tourism among other things, in the period 2012-2014.

Taiwan has granted resources for funding projects under a five-year program of cooperation agreed in January 2010.

According to an article in EFE: "The $ 17.5 million will go to projects in health, education, security, agriculture, childhood, tourism, foreign affairs, environment and climate change, said Hugo Martinez, a Salvadoran Foreign Minister in a press conference.

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.

Nicaragua to Receive $235 million from the IDB in 2012

December 2011

The resources will be allocated to transport, energy and climate change, agricultural productivity, health and social protection.

The announcement was made by the representative of the Inter American Development Bank (IDB) in Nicaragua, Mirna Marquez Liévano.

Of the total, $31.4 million will be used for social investment projects, such as water and sanitation programs in secondary cities in Nicaragua and for the development of a plan to reduce the amount of non billed water in Masaya.