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    IDB Backs El Salvador Fiscal Strengthening Bid

    By Ivy Mungcal // 30 September 2010

    The Inter-American Development Bank and El Salvador have inked an agreement that provides USD200 million for the development of the country’s fiscal sector.

    The loan will be used for a fiscal strengthening program that supports El Salvador’s treasury and protects funding for the country’s social programs for low-income groups. It is part of a broader package worth USD450 million that IDB approved for El Salvador earlier this year.

      Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

      About the author

      • Ivy Mungcal

        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.

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