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

Long Lines at Costa Rica-Nicaragua Peñas Blanca Border

Thousands of travelers face gridlock at the Peñas Blancas border crossing between Costa Rica and Nicaragua this holiday period, with migration offices overwhelmed by...

Former Venezuelan Detainees from El Salvador’s Cecot Prison Call for US Due Process

A group of Venezuelans once held in El Salvador's notorious Cecot prison spoke out in Caracas on Friday, pressing the United States to allow...

Strong Winds Set to Dominate Christmas Eve in Costa Rica

Much of Costa Rica will spend Christmas Eve under sun and strong winds, with only limited rain expected in a few regions, according to...

What to Expect at Costa Rica’s El Tope Parade

Thousands of riders and spectators gather today for El Tope Nacional, marking the Day of the Horseman in Costa Rica. This year, the event...

Costa Rica’s Escalating Drug-Related Killings Grip Quepos and Parrita

Drug gangs fighting for control have left 95 people dead in Quepos and Parrita since January 2024, according to data from the Judicial Investigation...

Whooping Cough Spreads Faster in Costa Rica This Year

Health authorities in Costa Rica report a steady climb in pertussis cases throughout 2025, prompting alerts for residents and visitors alike. The Ministry of...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica