Good Governance Brings Aid

November 2006 | Ratings Update

As a result of El Salvador's commitment to good governance and to building the necessary institutional framework for aid funds to be used effectively, the Millenium Challenge Corporation (MCC) has provided the country with US$461mn worth of aid. The MCC is the largest provider of US foreign aid for anti-poverty programmes in developing countries, and has approved this aid agreement with El Salvador over a five-year period. These funds will help develop roads and expand access to education, water, electricity and sanitation in impoverished

If you would like to subscribe to Central America Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Central America Monitor please click on the trial link below.