Tegucigalpa, Honduras.
Hurricanes Eta and Iota are estimated to have lost between $ 5,000 and $ 6 billion to Honduras.
The financial response of the international cooperation begins to bear fruit and multilateral banking institutions have announced the availability of the first $ 1.68 billion to meet short-term financial needs.
He Central American Bank for Economic Integration (CABEI) is the one that has provided the most resources with $ 1,024.3 million for 2020-2021.
The Inter-American Development Bank (IDB) has pledged $ 640 million for two years, and $ 15.7 million from the European Investment Bank (EIB). The supply of resources to the Government is expected to increase when the authorities confirm the amount of the losses.
Dante Mossi, Executive Chairman of the CABEI, said that the resources they are offering to the Government are on concessional terms, with a 25-year term, with five grace and low interest rates.
Investment portfolio
A report from the General Directorate of Public Credit of the Ministry of Finance (Definition) reveals that the portfolio of public investment programs and projects has 47 operations.
The amount of the portfolio of operations with external funds is $ 2,427.9 million in the third quarter of 2020, of which $ 1,194 million has been disbursed. $ 1,233.9 million are pending release.