Millions for Guatemala's hard-pressed highways
Guatemala's notorious highways have been given a $150 million boost in the form of an IDB loan that has two aims, one economic, the other social.
The density of traffic on the Guatemalan roads is much higher than the average for Latin America. To make matters worse, they are in very bad shape, so adding to operational costs and transport times. In fact, Guatemala is number 18 of 23 Latin American and Caribbean countries in terms of an index of logistics.
But while the program will help to improve the transport of merchandise, the program will also improve the quality of life of rural poor people who are, at present, unable to have access to schools and hospitals.