CABEI supports El Salvador in the response to damages caused by Hurricane Bonnie


A non-reimbursable cooperation of US$500,000 from the multilateral organization will make it possible to assist the population affected by the natural phenomenon that struck the country in early July.

Tegucigalpa, July 28th, 2022 - The Central American Bank for Economic Integration (CABEI) approved a non-reimbursable financial cooperation of US$500,000 to support the government authorities of the Republic of El Salvador in mitigating the effects and damages caused by Hurricane Bonnie at the beginning of July.

The funds are expected to benefit more than 1,500 people affected by the hurricane through improvements in medical care equipment and other institutions that were damaged, as well as to attend to various structural damages caused by the heavy rains, such as failures in drainage systems, collapsed walls, damage to road infrastructure, landslides, recovery of agricultural crops, among others, in different parts of the country. 

"As the bank of the Central Americans, we continue to ensure the security and wellbeing of the inhabitants of our region, which is why we work hard to provide effective and timely assistance in emergency situations. We hope that this cooperation will be of support to Salvadorans in these difficult times," said CABEI's Executive President, Dr. Dante Mossi.

With this type of non-reimbursable financial cooperation under the emergency aid modality, CABEI supports countries that have suffered the effects of natural disasters or other emergency situations, such as earthquakes, hurricanes, pandemics, among others. The resources will be delivered in a single disbursement to El Salvador's Ministry of Public Works and Transportation, as executing agency.