No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveHonduras Gets $215 Million From U.S. Fund

Honduras Gets $215 Million From U.S. Fund

TEGUCIGALPA (EFE) – The U.SMillennium Challenge Account this weekapproved $215 million for Honduras, makingit the first country in the Americas toreceive the grant money, announcedHonduran President Ricardo Maduro.“This is great news,” Maduro said.“We had been expecting $150 to $157 million,best-case scenario. But $215 millionis coming at a time when our people needit most.”Maduro, who said the assistance is a“recognition” of his country’s “governability,democracy, citizen participation, openmarkets and fiscal health,” is expected totravel to Washington, D.C. June 6 to signthe deal.Honduras was included on the list of 16countries eligible for the MillenniumChallenge Account, along with neighboringNicaragua, in May 2004.The $5 billion Millennium ChallengeAccount was created by the United Statesin 2002. So far it has only approved $325million in grants.Nicaragua’s inclusion in the accountremains uncertain.

Trending Now

Costa Rica Faces Months of Drought as El Niño Intensifies

Costa Rica doesn't take direct hurricane hits often, but this year's El Niño is playing out with the same shape as one, tracked for...

Costa Rica Targets Luxury Car Tax Evasion After Ferrari Case

A Ferrari declared for a fraction of its real value has become the poster case for a customs loophole that Costa Rica's vehicle importers...

Costa Rica Warns Pet Owners After Rabies Kills Cattle in Golfito

A rabies outbreak that killed three cattle in southern Costa Rica has prompted renewed warnings for ranchers and pet owners to keep animals vaccinated,...

Pesticide Runoff Is Quietly Draining Costa Rica’s Caribbean Tourism Economy

Decades of banana and pineapple chemistry have left a documented trail through Limón's rivers. The cost lands on the reefs, fisheries and certifications the Caribbean coast needs to compete.

Costa Rica Offers Panama Two-Part Plan to End Trade Block

Costa Rica has presented Panama with a two-part proposal aimed at ending a seven-year agricultural trade dispute that has blocked meat, dairy products, fruit...

Gota a Gota Loans in Costa Rica — Warning Signs

If someone offers you cash the same day with no paperwork, no credit check and no questions about your income, understand what you are...

Strange Balloon-Like Object Spotted Over Costa Rica

A mysterious white object seen high above several parts of Costa Rica over the weekend triggered a new round of speculation online, with residents...

Costa Rica’s “Pecho de Rata” Weighs Possible U.S. Plea Deal

Edwin Danney López Vega, the Costa Rican alleged drug trafficker known as “Pecho de Rata,” could avoid a full jury trial in the United...

Costa Rica Studies Monorail or Tram for Main Airport

Costa Rican transportation officials are looking for European funding to study a public transit connection between Juan Santamaría International Airport and the planned electric...
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel