The approvals granted include emblematic projects with high national impact, such as the construction of the Viaduct and Highway Expansion (Los Chorros Section), which will modernize and strengthen the road infrastructure in the western part of the country, and for which the multilateral approved additional resources of US$166 million for a total financing of US$410 million.

In addition, a US$220 million approval has supported the Government of El Salvador's measures to reduce the impact of rising fuel prices, as well as a US$350 million Operación de Políticas de Desarrollo (OPD) to promote balanced economic growth, poverty reduction, sustainable development, and the fight against climate change.

Another highlight of the support provided is that, of the total approved, US$260 million was channeled through the Management of the Non-Sovereign Public and Private Sector. The first was a Global Credit Line for Banco Cuscatlán de El Salvador for US$60 million, the second a Revolving Credit Line for the Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL) for US$100 million and, finally, a Revolving Credit Line for the Fondo de Conservación Vial (FOVIAL) for US$100 million.

In addition to these efforts, there is also a non-reimbursable technical cooperation project called "Modernization of the Guluchapa Water Supply System in San Salvador through photovoltaic generation and Integrated Water Resources Management", for US$600,000 from the Korea-CABEI Single Donor Trust Fund (KTF), to carry out a comprehensive assessment to modernize the water supply system and infrastructure at the Guluchapa plant.

In this way, CABEI, as the most relevant financial institution in the region, will continue to promote projects and initiatives that contribute to the integral development of El Salvador and the well-being of salvadorans.

Translated by: A.M