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Honduras joins Development Bank of Latin America

By Bufete Mejía & Asociados - 19/09/2022

Honduras became a full members of the Development Bank of Latin America (CAF), reaffirming the multilateral organization’s commitment to work in favor of the integration of the region to contribute to improving the quality of life of Latin American and Caribbean people, along with sustainable development.

Latin America and the Caribbean’s economic and social reactivation is a priority for CAF. After granting more than USD 16.000 million to support the authorities to face the COVID-19 pandemic in Latin America and the Caribbean. In the last 12 months, CAF has approved more than USD 12.000 million to promote the well-being of the population, growth, job creation and competitiveness in areas such as water and sanitation, infrastructure roads, social development, energy transition, digital transformation, climate action and food security, among others.

The CAF, based in Caracas and established in 1970, is made up of 20 countries, 18 from Latin America and the Caribbean as well as Spain and Portugal, and 13 private banks in the region.

By Bufete Mejía & Asociados - 19/09/2022
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Bufete Mejía & Asociados

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