In solidarity with the Republic of Honduras, CABEI approves US$500 thousand in emergency aid for damage caused by tropical storm Julia


CABEI resources will make it possible to implement actions to reduce the negative impacts and provide timely attention to the most affected population.

Tegucigalpa, October 14, 2022. - In order to contribute to the immediate and timely attention to the needs of Honduran families affected by the torrential rains caused by tropical storm Julia, the Central American Bank for Economic Integration (CABEI) approved emergency and natural disaster assistance to the Republic of Honduras in the amount of US$500,000.

"Our region has been hit by this tropical depression causing human and economic losses, we sympathize with the affected families and join the actions that government authorities are taking to implement priority mechanisms to safeguard the lives and safety of Hondurans by guaranteeing their basic care," commented CABEI Executive President, Dr. Dante Mossi.

The resources from this emergency aid will support the Honduran government's actions to address the consequences of this weather phenomenon, including the purchase of food, clean water and basic necessities, medicines and medical equipment, medical care services, supplies for shelters, construction or repair of infrastructure, among other needs to be covered.

These resources are in addition to the US$500,000 in humanitarian aid provided to Honduras for the recent mudslides in the capital.

CABEI's Representative Office in Honduras will be in charge of monitoring the execution of the project and supervision will be carried out in accordance with CABEI regulations and procedures established for this purpose.

The Bank is providing support to Guatemala, El Salvador and Nicaragua, founding member countries that were also affected by this natural phenomenon. 

CABEI will continue to promote programs and projects for the countries of the region to implement climate change prevention and adaptation measures to reduce vulnerability to natural phenomena.

In compliance with our constitutional mandate, and in light of the challenges that the global environment has imposed in recent years, our interventions are playing a fundamental role in cushioning the impact on macroeconomic stability, stimulating economic reactivation and safeguarding the most vulnerable groups in all the countries of the region.