Article: World Bank's Assistance Strategy projects $296 million to Honduras over four years.

M2 PRESSWIRE-26 June 2003-WORLD BANK GROUP: World Bank's Assistance Strategy projects $296 million to Honduras over four years(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:06242003

WASHINGTON -- The World Bank Group's Board of Directors yesterday discussed a new Country Assistance Strategy (CAS) for Honduras, with IDA (zero-interest) financing likely to total $296 million through the end of 2006. In support of the new CAS, the executive board approved a $9.9 million Financial Sector Technical Assistance Credit at the same meeting.

Successive Honduran governments have made progress in repairing the huge damage to infrastructure and the national ...

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