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Govt greenlights US$55mn IDB funds for water, road programs (EL Salvador)
2011-02-08
El Salvador's legislative assembly has greenlighted two IDB loans amounting to US$55mn, which will go towards expanding and repairing roads and water and sanitation services throughout the country.

 

Some US$35mn will be allocated to a four-year rural road development program. The initiative includes building a highway linking with Guatemala and improving some 80km of rural roads, as well as strengthening the public works ministry (MOPTVDU).

 

Another US$20mn will go towards a five-year program to improve water and sanitation services, including building 85 new water systems to serve more than 6,000 households, the assembly said in a release.

 

The program will cost US$44mn in total and includes a US$24mn grant from the Spanish government's cooperation fund for water and sanitation in Latin America and the Caribbean.

 

Both programs were approved by IDB last October.


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