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World Bank lends El Salvador $100 million to improve public-sector finances

Friday, June 3, 2011


El Salvador is to receive a World Bank $100 million loan in order to strengthen its public-sector finances.

The bank announced that the loan will take the form of support for the Finance ministry’s budget.

This means that the institutions that receive the money are free to disburse it at will, so long as they improve the government’s finances.

 

 

Original source (in Spanish): La Prensa Gráfica