More than 18,000 Honduran students will have a safe return to the classroom with CABEI support
Bank disbursement of US$13.7 million will enable investments in the infrastructure of 62 schools, benefiting 18,202 students and 859 teachers.
Tegucigalpa, April 29th, 2022.- The Central American Bank for Economic Integration (CABEI) made a disbursement of US$13.7 million to support the government's "Safe Return to School" strategy in the classroom and blended learning modalities. CABEI disbursed US$80.0 million from the Program for Integral Improvement of Educational Infrastructure and Training in Honduras (MIFE), financed in its entirety by the multilateral for US$80.0 million.
The resources will be invested in physical infrastructure works in 62 public pre-basic, basic and secondary education centers in Honduras selected by the Ministry of Education based on a diagnosis of the situation, which showed that the physical infrastructure is becoming increasingly precarious and that most of them do not have the necessary conditions to receive children and youngsters in their safe return to school.
"We are pleased to support the education sector that has been severely affected by the pandemic, the investments to be made with this program will allow Honduran children and young people to safely return to classes and have adequate infrastructure to promote their learning," commented CABEI Executive President, Dr. Dante Mossi.
Of the disbursement, US$8 million comes from CABEI's Program for the Reduction of Poverty and Economic and Social Exclusion (PRPEES), which aims to improve the quality of life of Central Americans through operations that address the investment needs of the poorest and most excluded communities in their countries; and US$5.7 million from the Bank's regular funds, for a total of US$13.7 million.
This operation is aligned with the CABEI 2020-2024 Institutional Strategy in the Human Development and Social Inclusion strategic axis and seeks to support efforts to reduce poverty and inequality in the region.