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USAID Announces More Than $450 Million In Development Funding to Address Root Causes Of Migration In Central America

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INOR
Realidad Turística
Nestle
Cervecería Centroamericana S.A.
Grupo Hotelero Islazul
Intecap
Servicios Médicos Cubanos
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Instituto Hondureño de Turismo
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blackanddecker
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Estimated reading time: 2 minutes

The United States, through USAID, is investing more than $450 million of Fiscal Year 2022 development funds under the U.S. Government’s Strategy for Addressing the Root Causes of Migration in Central America. Dr. Phil Gordon, Assistant to the President and National Security Advisor to the Vice President, announced these funds ahead of travel with USAID Deputy Administrator Isobel Coleman to the region.

Under the Strategy, the United States has provided over $1 billion in FY 2022, including more than $450 million in development funding managed by USAID.

This funding for El Salvador, Guatemala, and Honduras works to address the root causes of migration by ensuring that the people of Northern Central America have opportunities to thrive in their communities. The funding supports programs that increase economic opportunities, promote good governance and transparency, and reduce crime and violence.

In the two years since the Strategy’s launch, the United States has seen encouraging signs that the Administration’s increased investment and attention in the region through the Root Causes Strategy is having an impact. In FY 2022, USAID support helped create and sustain more than 90,000 jobs, and USAID-supported firms generated more than $320 million in sales. In addition, USAID engages closely on Vice President Kamala Harris’ Central America Forward initiative, led by the State Department, in collaboration with the Partnership for Central America non-governmental organization, with the express objective of working with the private sector to increase economic opportunity in the region. Thus far, USAID has sourced 13 of the more than 50 companies and organizations that have made commitments to Central America Forward. To date, companies have made commitments to Central America Forward valued at more than $4.2 billion. (https://www.usaid.gov/news-information/press-releases/nov-28-2023-usaid-announces-more-450-million-development-funding-address-root-causes-migration-central-america)

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