CABEI approves new country strategy to continue promoting inclusive economic growth in Honduras
Its strategic objectives include the energy sector, connectivity and logistics, environment and water resources, health, habitat, school infrastructure, MSMEs, transparency and regional integration.
Tegucigalpa, November 29th, 2022. - The Central American Bank for Economic Integration (CABEI) approved today the "2022-2026 Honduras Country Strategy," whose objective is aligned with the country's primary interest: to increase the well-being of Hondurans by generating decent jobs and reducing poverty, derived from inclusive growth and under the leadership of the Honduran Government administration.
The new strategy focuses its priorities on three pillars aimed at modernizing and strengthening sustainable productive infrastructure, expanding access to decent services and social infrastructure, and boosting sustainable competitiveness. The pillars in turn are accompanied by attention to four cross-cutting issues of national interest, such as mitigation and adaptation to climate change, promotion of innovation and digitalization of processes, social and gender equity, and attention to forced migration.
"We have worked together with the Government of Honduras to formulate this action plan, which will allow us to advance the country's development priorities and continue consolidating the Bank as a strategic ally to improve the quality of life of the entire Honduran population," said CABEI Executive President, Dr. Dante Mossi.
The 2022-2026 Strategy for Honduras was developed through a participatory process of consultation and socialization with stakeholders from the public and private sectors, as well as with development cooperation organizations and agencies, which made it possible to align the country's interests, CABEI's experience and capacities, its 2020-2024 Institutional Strategy and the international commitments derived from the Sustainable Development Goals (SDGs).
CABEI promotes sustainable initiatives among its member countries to boost their economic and social development, estimating an availability of US$2.59 billion for new approvals available to the Government of Honduras during the period of the approved strategy.
