Honduras and CAF sign loans for 350 million dollars

The Government of Honduras and the Development Bank of Latin America and the Caribbean -CAF- signed four loans for 350 million dollars for social programs in infrastructure, financial support for coffee growers, MSMEs and gender equality on Monday in Tegucigalpa. The letter of understanding was signed by the Honduran Minister of Finance, Marlon Ochoa, and the executive president of CAF, Sergio Díaz-Granados, at an event at the Presidential House. With the signing of the agreement "we celebrate the strengthening of ties with an institution of importance for the development of our region, such as the Development Bank of Latin America and the Caribbean-CAF," Ochoa stressed in his speech. The incorporation of Honduras into the regional bank in November 2023 marks an "important milestone" for the history of the country, said the official, after stating that they have "started this relationship on the right foot." Of the total resources, 160 million dollars will finance the construction ...