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Article: WORLD BANK: World Bank approves an additional $200 million in hurricane assistance for Honduras.
- Article from:
- M2 Presswire
- Article date:
- December 28, 1998
CopyrightCOPYRIGHT 1998 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-28 December 1998-WORLD BANK: World Bank approves an additional $200 million in hurricane assistance for Honduras (C)1994-98 M2 COMMUNICATIONS LTD
RDATE:231298
The World Bank has approved a US$200 million credit to help Honduras recover from the devastation of Hurricane Mitch. The interest-free credit from the Bank's International Development Association (IDA) supports the Hurricane Emergency Project.
The Hurricane Emergency Project aims to assist Honduras in implementing its program to maintain macroeconomic stability through financing import costs associated with rebuilding social and economic infrastructure and through ...