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’s Tourism Boom Brings Jobs, Dollars and New Pressure

Costa Rica’s tourism industry has become one our strongest economic engines, but a new OECD report says the sector is entering a more complicated...

Costa Rica Mega-Prison Project Falls Behind Original July Deadline

Costa Rica’s new high-security prison for organized crime suspects and convicted inmates will not be fully ready by the end of July, despite earlier...

Costa Rican Rescue Teams Return Home After Venezuela Earthquake Mission

Costa Rican firefighters returned home Sunday after completing a humanitarian rescue mission in Venezuela, where they helped emergency crews respond to damage caused by...

Visiting El Salvador During the August Holiday Week

Anyone planning to visit El Salvador in early August should be ready for one of the busiest holiday periods, when San Salvador’s patron saint...

Rodrigo Chaves to Coordinate Next Phase of Limón Marina Project

Former President Rodrigo Chaves will coordinate the government team assigned to push forward the planned Marina and Cruise Terminal of Limón, moving the nearly...

Costa Rica on Green Alert as Tropical Wave Triggers Flooding Risk

The National Emergency Commission (CNE) has declared a Green Alert for the entire country as Tropical Wave No. 19 moved across Costa Rica today,...

The View’s Ana Navarro Shares Warm Tribute to Costa Rica

Ana Navarro, the Nicaraguan-born political commentator known for her work on ABC’s The View and CNN, recently shared a warm public tribute to Costa...

Costa Rica Women’s Tennis Team Wins Billie Jean King Cup Group

Costa Rica’s women’s tennis team won the Billie Jean King Cup Americas Group III title after defeating Barbados 2-1 in the final and finishing...

Costa Rican Travelers Get New Global eSIM Option

Costa Rican telecommunications brand kölbi has launched a new Global eSIM service with Airalo, giving travelers a way to buy international data packages before...
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