Thursday, December 1, 2022

Honduras To Strengthen Its Social Protection System And Customs Management With IDB Support

The Inter-American Development Bank (IDB) approved a $75.9 million loan to improve living conditions in households in the areas of Honduras with the highest rates of extreme poverty, and to cultivate human capital and self-management capacity in those households.

The project plans to use conditional cash transfers to boost the minimum income of participating households and protect that income against external climate, economic, and health shocks. The initiative will also strengthen the Social Protection System and services for improving the long-term conditions and capacities of the poorest households, prioritizing the geographical areas targeted by the Solidarity Network Program. Read More