San Salvador, April 21, 2023 - The Central American Bank for Economic Integration (CABEI), through its Social Support Foundation (FAS), signed a non-reimbursable financial cooperation agreement with the Republic of El Salvador to carry out the Bicentennial Scholarship Program, which aims to enhance social welfare and promote access to education for students beginning from the eighth grade of Basic ...
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. ...
Tegucigalpa, February 13 th , 2022 - The Central American Bank for Economic Integration (CABEI) approved emergency assistance of up to US$250,000 to support the government authorities of its member country El Salvador in implementing actions to assist the population affected by the seismic swarm that began on January 15 in the western part of the country. According to the General Directorate of ...
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 ...
Tegucigalpa, October 14th, 2022. - The Central American Bank for Economic Integration (CABEI) approved emergency natural disaster assistance in the amount of US$500,000 to the Republic of El Salvador to help mitigate the adverse effects generated by Storm Julia, which are reflected in losses and damages to the country's population and infrastructure. The funds will support the actions implemented ...
Tegucigalpa, October 14th, 2022. - The Central American Bank for Economic Integration (CABEI) approved emergency natural disaster assistance in the amount of US$500,000 to the Republic of El Salvador to help mitigate the adverse effects generated by Storm Julia, which are reflected in losses and damages to the country's population and infrastructure. The funds will support the actions implemented ...