Tegucigalpa, December 14 th , 2022. - In order to support the Republic of El Salvador in its economic recovery through a resilient development strategy aimed at mitigating and adapting to climate change, the Central American Bank for Economic Integration (CABEI) approved US$250 million from its Development Policy Operations Program (DPO), which seeks to promote balanced economic growth, poverty ...
San Salvador, December 12th, 2022. – The remodeling, construction, rehabilitation, and equipping of nine sports venues in El Salvador, which will benefit 50,000 athletes from different disciplines, is progressing steadily under the Infrastructure Construction and National Sports Venues Rescue Program (PRODEPORTE), financed by the Central American Bank for Economic Integration (CABEI) for US$115.2 ...
San Salvador, January 26 th , 2023 - In order to strengthen education in El Salvador and reduce the dropout rate in departments with high Multidimensional Poverty Index through the reconstruction and remodeling of student infrastructure, the Government of El Salvador (GOES) recently gave the order to rehabilitate the first 50 of 186 schools under the "My New School Program" financed by the Central ...
San Salvador, January 5, 2023. – Authorities of the Central American Bank for Economic Integration (CABEI) and the Ministry of Finance (MF) of El Salvador recently formalized the credit for US$250 million that seeks to strengthen the administration of government revenues and expenses through measures to reduce the tax gap and increase tax collection, as well as reduce smuggling and tax evasion. ...
San Salvador, January 24th, 2023 - With the objective of strengthening the Innovation Support Office - G'nius of the Technological University of El Salvador (UTEC), which seeks to create technology-based enterprises, this Tuesday the Central American Bank for Economic Integration (CABEI), the European Union and the Government of Germany through the KfW, via the DINÁMICA Initiative and the ...
San Salvador, September 2022. In order to contribute to the promotion of innovation, entrepreneurship and participate in socioeconomic development and poverty reduction, the Central American Bank for Economic Integration (CABEI), the European Union (EU) and the government of Germany, through KfW, consolidated an important support of US$9,539,171.30 in loans to 175 Salvadoran MSMEs, which ...
San Salvador, July 29th, 2022 - With the aim of reducing the impact of rising fuel prices on the pockets of Salvadorans, authorities from the Central American Bank for Economic Integration (CABEI) and the Ministry of Finance today signed a US$200 million loan contract for the "Temporary Support Program to Address Rising Fuel Costs in Founding and Non-Founding Regional Countries. The Bank designed ...
San Salvador, February 16 th , 2023 - In the framework of International Energy Day, the Central American Bank for Economic Integration (CABEI) highlights some of the initiatives supported in El Salvador to promote the production of this important resource from renewable sources, contribute to the reduction of carbon emissions and promote resilience to climate change through direct financing and ...
Buenos Aires, november 1st, 2022.- The Central American Bank for Economic Integration (CABEI) approved US$100 million to support the state agency with working capital to guarantee the conservation and improvement of its road infrastructure in order to strengthen the execution capacities of El Salvador’s Road Conservation Fund (FOVIAL). The proceeds of the Credit Line will be used to make payments ...
Tegucigalpa, January 24, 2022.- The Central American Bank for Economic Integration (CABEI) approved a US$60.0 million line of credit to Banco Cuscatlán de El Salvador to promote the economic reactivation of micro, small and medium-sized enterprises (MSMEs) and enhance the competitiveness of the business sector. This approval will benefit more than 450 companies, preserving approximately 16,900 ...
