$230 Million For El Salvador’s Economic Growth Plan

©image: World Bank

This new financing includes $100 million to support the country’s recovery through sound economic and social policies that are vital to addressing the needs of Salvadorians, particularly the most vulnerable, by protecting its income and consumption, and ensuring its access to health services.

Another US $50 million will provide temporary income support to the urban poor under the Programa de Apoyo Temporal al Ingreso (PATI) which provides a monthly income transfer to targeted individuals in exchange for their participation in community activities and in training programs.

The US $80 million Local Development Project will strengthen local governments, considered critical to provide essential basic services for the people (water and sanitation, electricity, street lightning, public infrastructure) and at the same time create new jobs in all 230 municipalities.

Source: World Bank

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