U.S. help to region to cost $5 billion

The U.S. five-year strategy to strengthen public institutions and tackle crime in Central America's northern triangle, the area comprised by Guatemala, Honduras and El Salvador, will cost some $5 billion, a high-ranking U.S. official said.

U.S. Assistant Secretary of State for Latin America, Roberta Jacobson, revealed the amount during a Congress meeting where she asked for more investment towards Central America, in order to help curb migration towards the United States.

Jacobson said it is essential to tackle corruption, political nepotism and organized crime which affect both citizens and business in the region.

Full story (in Spanish)