No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveEl Salvador seeks funds to develop coastal areas

El Salvador seeks funds to develop coastal areas

SAN SALVADOR – The government of El Salvador on Wednesday unveiled a plan to reduce poverty through the development of the country’s coastal areas, using funds from a U.S. aid program known as the Millennium Challenge Corporation (MCC).

Technical Presidential Secretary Alexander Segovia said the strategy, which will be presented on Thursday at the MCC, includes 75 of 262 municipalities located on the Pacific coast.

The region accounts for 34 percent of the country’s territory and has a population of 1.5 million of El Salvador’s 6.1 million residents.

“We have more sea than land. It is inconceivable that in such a small country the government historically has been absent from coastal areas,” Segovia said.

U.S. Ambassador Mari Carmen Aponte said the proposal for the coastal zone will be “carefully analyzed” by MCC directors, and the amount allocated will depend on the projects submitted.

The MCC donated $461 million to a program called “Fomilenio Uno,” which ran from 2007 until last October.

El Salvador’s coast “is the richest area of the country” and also is the region where “there are more social problems,” because 56 percent of the population lives in poverty and 20.5 percent are illiterate, Segovia said.

Trending Now

Chinese Influence in Costa Rica Grows from Business to Education

Will the 21st Century someday be known as the Chinese century? Time will tell. They seem to be off to a good start when...

Costa Rica Detains Two in Killing of U.S. Citizen

The Judicial Investigation Agency (OIJ) has arrested two suspects in connection with the murder of American businessman Eshraghollah Vatani. Vatani was reported missing at...

US Doubles Bounty to $50 Million on Venezuela’s Maduro

The Trump administration stepped up pressure on Venezuela's Nicolás Maduro today by offering a $50 million reward for tips that lead to his capture....

Costa Rican Scientists Cut Microalgae Farming Costs by 95%

A team led by Costa Rican biologist Maritza Guerrero has developed a natural biostimulant using microalgae that promises to revolutionize agriculture. The product, named...

Central American Sportfishing Alliance Expands Drive for Marine Conservation

The Central American Sportfishing Alliance (CASA) announced new global partnerships during ICAST 2025, the world’s largest sportfishing trade show, strengthening its mission to use...

The Day Costa Rica Stopped to Celebrate Claudia Poll’s Olympic Victory

In the decades I have lived here, there were two sporting events that were so big that the country came to a brief standstill....
Avatar
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica