Home World IDB and CABEI will seek to streamline resources to rebuild Honduras

IDB and CABEI will seek to streamline resources to rebuild Honduras

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Tegucigalpa, Honduras.

Honduras has just formed a support task force that will be coordinated by the Inter-American Development Bank (BID) and the Central American Bank for Economic Integration (BCIE), with the objective of streamline resources, both donations and loans under concessional conditions, to begin reconstruction work as soon as possible in the face of the damage caused by the storms Eta and Iota.

The Honduran president participated in a recent virtual meeting Juan Orlando Hernandez, the presidents of the Central American Bank for Economic Integration (CABEI), Dante Mossi; of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, and the World Bank (WB), David Malpass.

Related: Aerial rescues of hundreds of Hondurans continue

Likewise, the President of Nicaragua, Daniel Ortega; the Vice President of El Salvador, Félix Ulloa; the Vice President of Costa Rica, Epsy Campbell Barr; the Minister of Foreign Affairs of Guatemala, Pedro Brolo Vila, and the Prime Minister of Belize, Juan Antonio Briceño.

Advisory groups

The Honduran ruler stated that “this is the basis for the formation of a reconstruction consultative group, not only in Honduras, but in other Central American countries that have been affected by three phenomena: COVID-19, Eta and Iota.”

“This meeting is the product of a series of talks with international organizations that we began last week with visits to the presidents of Guatemala and Nicaragua,” Hernández said.

He announced that next week a series of meetings will be held at the Presidential House with different sectors from civil society, businessmen, academia, non-governmental organizations, the labor sector and churches, with the aim of forming the team to accompany the sustainable national reconstruction plan.

Too: Iota and Eta left Honduras in what their name means

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“We have been shaping the foundations of this platform for a couple of weeks with direct talks with different actors in society, with governments of friendly countries and international credit organizations,” the Honduran madantario stressed.

Prompt reply

The Chief Executive indicated that a prompt and rapid reaction has been found from the multilateral credit organizations to support Honduras and the entire region.

“This for me can mean a before and after in the history of Central America,” he said. He added that the Economic Commission for Latin America and the Caribbean (ECLAC) was asked to prepare a loss report that will be ready in three weeks.

As for the sustainable reconstruction of the country, Hernández detailed? that technical assistance has been proposed for project design and the collaboration of all multilateral credit organizations that allow access to the Green Climate Funds.

In addition, it includes the construction of dams, progress in mitigation works, sustainable projects for agriculture and emergency plans, among other points.

He reported that next November 30 will meet with the Secretary General of the United Nations Organization (UN), António Guterres, to, together with the members of the Central American Integration System (Sica), raise with one voice the request for the Green Funds to be accelerated Climate for the region.

“We need you to support us in the rehabilitation and reconstruction of our road network, with resources for our emergencies and a better reallocation of resources in our credit portfolios,” Hernández stressed.


The x-ray of the disaster in Honduras:

– Around 60,000 families lost everything in the Sula Valley.

– The Iota storm was mainly focused on the west of the country, which produces coffee.

– There were at least 91 deaths from these two phenomena.

– Some 26,000 homes damaged to the point of destruction.

– An approximate destruction of 38 bridges and another large number of damaged ones was reported.

– Taxation has fallen by 26%.

– GDP has fallen by 7%.








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