Article: IDB Loan
Guatemala gets $100M loan to fight poverty
Big News Network.com
The Inter-American Development Bank Thursday approved a $100 million loan to help Guatemala provide better healthcare and education.
The money will be disbursed over a 24-month period as the government follows its specific poverty reduction targets for the poorest municipalities in the country, known as the Guate Solidaria strategy.
At the crux of the plan is to improve social services, particularly primary education and healthcare for the poorest people. It also aims to boost government efficiency and reduce school dropout rates, the Washington-based IDB said.
Posted by elcanche at December 2, 2004 04:46 PM