Wednesday, December 2, 2020

Logo Central America Link

Taiwan denies claim of $600 million funding for Guatemala

Monday, August 14, 2017

Official sources in Taiwan are denying reports that Guatemala’s president Jimmy Morales had announced that Taiwan would be assisting the country with a $600 million funding package appeared.

The claims were made in the Guatemalan press. They said, of the $600 million, some $250 million was to be donated, and the rest lent at 1.25 percent for 30 years. They money was to have been used for a four-lane highway.

Source: Amandala