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Spain inaugurates 12 salvadorean schools to write off $12 million in debt

Monday, November 8, 2010

Representatives of El Salvador and Spain inaugurated 12 schools that were built by a program under which Madrid wrote off $10 million in debt in exchange for a pledge the money would be spent on education.
“With this act, we inaugurate ... symbolically the latest 12 educational centers rehabilitated or enlarged with funds from the debt conversation for education program,” Spanish Ambassador Jose Javier Gomez-Llera said.
In addition to the schools inaugurated last week, another 17 were reconstructed and the bidding process for preparing them has been started for two more.
Original source: Efe