El Salvador

    El Salvador and other Central American countries are set to benefit from a USD1.1 million Inter-American Development Bank loan designed to reduce the rate of anemia in children under the age of five. The loan will support the production of high-nutrient powder for private and public programs in the region.

    Meantime, El Salvador and the International Monetary Fund have reached a staff-level agreement for an economic program for 2012. This follows a positive assessment of the country’s economic performance under a review conducted by a visiting IMF mission.

    About the author

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      Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.