[Opinion] Loan with the BCIE Would Improve Drinking Water Supply in San Salvador
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The Legislative Assembly authorized the government to sign two external loans, totalling $340 million, with the Central American Bank for Economic Integration (BCIE). The first is for $185 million for the “Project for the Improvement of the Guluchapa Drinking Water System in the Metropolitan Area of San Salvador.” The loan term is up to 20 years, including up to five years of grace period. This project will be executed by the National Administra…
Unanimously, the deputies of the Finance Commission issued an opinion in favour of the Government, through the Ministry of Finance, signing a loan contract with the Central American Bank for Economic Integration (BCIE) to strengthen the water and sanitation system in San Salvador. The amount required to implement the Guluchapa Drinking Water System Improvement Project in the Metropolitan Area of San Salvador (AMSS) is $185 million. The plan will…
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