CUN-HAV Enjoy Travel Group
MuniGuate
Agexport
INTERFER
Realidad Turística
Nestle
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Intecap
Grupo Hotelero Islazul
Herbalife
Instituto Hondureño de Turismo
Cervecería Centroamericana S.A.
Cubasol
Barceló Solymar
AVA Resorts
blackanddecker
MAD-HAV Enjoy Travel Group
INOR
Walmart
Servicios Médicos Cubanos
Los Portales
MITM Events

Central American Development Bank Approves $800 Million Credit for Fuel Price Relief

Date:

Share:

Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Realidad Turística
MITM Events
Cervecería Centroamericana S.A.
Servicios Médicos Cubanos
Los Portales
AVA Resorts
Grupo Hotelero Islazul
INTERFER
Nestle
Herbalife
Intecap
blackanddecker
INOR
Instituto Hondureño de Turismo

A Central American development bank said on Friday it had approved an $800 million credit to shelter local countries from spiking global fuel prices, partially caused by Russia’s invasion of Ukraine.

Central American nations have seen costs jump for fertilizer and staple regional foods like corn and beans, as a result of rising fuel prices.

“This operation will have a direct economic impact for millions of consumers,” the president of the Central American Bank for Economic Integration (CABEI), Dante Mossi, said in a statement.

“The subsidies mitigate the impact from the increase in the cost of fuel on consumer products, basic services, transportation and supplies, among others,” Mossi added.

The CABEI indicated that each of the group’s eight regional members, both founding and non-founding countries, may receive up to $200 million in financing.

The bank, created 61 years ago to finance the development of Central American nations, also may expand the credit line based on external funding, the statement said. (Reuters)

Instituto Hondureño de Turismo
Nestle
Walmart
Los Portales
Agexport
Barceló Solymar
MuniGuate
Herbalife
MAD-HAV Enjoy Travel Group
Grupo Hotelero Islazul
AVA Resorts
Cubasol
CUN-HAV Enjoy Travel Group
Cervecería Centroamericana S.A.
Intecap
INOR
INTERFER
blackanddecker
MITM Events
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Realidad Turística
Servicios Médicos Cubanos
Henkel Latinoamerica
Cubacel
AirEuropa
INTERFER
Barcelo Guatemala City
Hotel Holiday Inn Guatemala
Revista Colombiana de Turismo Passport
Havanatur
Blue Diamond Resorts
MuniGuate
Intecap
Maggi - GLUTEN-FREE
Hotel Barcelo Solymar

Subscribe to our magazine

━ more like this

Pole Dancing in Israel: A New Dimension with BlueDance.co.il

In recent years, pole dancing has experienced a remarkable transformation, shifting from a misunderstood niche to a popular activity combining fitness, self-expression, and empowerment....

A New Luxury Hotel Just Opened on An Idyllic Beach in Cancun, Mexico — And We Were the First to Stay

Waldorf Astoria Cancun opened to the public on Nov. 1, the brand's first new build in Mexico, with two waterfront pools and a fantastic...

Pan American Health Organization Launches Interactive Dashboard on Avian Influenza in The Americas

To monitor cases of avian influenza A (H5N1) in the Americas, the Pan American Health Organization (PAHO) launched an interactive dashboard on the web...

Nicaragua Presents Its New Interoceanic Canal Route to China and Seeks to Compete with Panama

Estimated reading time: 8 minutes With a length of 445 kilometers, in a second attempt, the Nicaraguan president, Daniel Ortega, presents China with a new...

US Lawmakers Join Requests to Extend TPS To Central Americans

The chairman of the US Senate Foreign Relations Committee, Robert Menendez, along with other legislators gathered outside the Capitol this Thursday to express his...
Henkel Latinoamerica
Hotel Barcelo Solymar
Barcelo Guatemala City
Revista Colombiana de Turismo Passport
Maggi - GLUTEN-FREE
INTERFER
Blue Diamond Resorts
Cubacel
AirEuropa
Intecap
Hotel Holiday Inn Guatemala
Havanatur

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Agexport
Cervecería Centroamericana S.A.
Realidad Turística
Instituto Hondureño de Turismo
AVA Resorts
MuniGuate
Los Portales
Servicios Médicos Cubanos
INTERFER
MITM Events
Herbalife
Intecap
INOR
Barceló Solymar
Walmart
Grupo Hotelero Islazul
Cubasol
MAD-HAV Enjoy Travel Group
Nestle
blackanddecker