Honduras' Anti-Poverty Scheme Gets IDB Backing

Honduras will benefit from an USD80 million Inter-American Development Bank credit line earmarked for the country’s existing poverty reduction program. The new IDB assistance includes an initial USD20 million concessional loan to back social safety net and conditional cash transfers benefiting poor households. (“Honduras to help shield poorer households from financial crisis with IDB support” - Inter-American Development Bank, Dec. 11, 2008)

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