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Inter-American Bank approves $50 million loan to reduce vulnerability of San Salvador residents to floods and landslides

Tuesday, November 22, 2011

The Inter-American Development Bank approved a loan for $50 million to El Salvador for a project to reduce the vulnerability of residents in slums in the San Salvador metropolitan area to floods and landslides, and improve their living conditions.

The capital region has 514 settlements with poor access to adequate sanitation, drinking water, or electricity. Of these, 93 are highly vulnerable to floods or landslides because houses have been built on river banks and steep hillsides.

The program, which will be carried out by the Ministry of Public Works, Transportation, Housing and Urban Development, will invest in infrastructure to mitigate those risks and improve access to basic services.

Original source: Hispanically Speaking News