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CABEI Approves Loans from the TaiwanICDF to be Used to Help Its Member Countries Fight COVID-19 and Reactivate Their Economies

CABEI Approves Loans from the TaiwanICDF to be Used to Help Its Member Countries Fight COVID-19 and Reactivate Their Economies

The Board of Directors of the Central American Bank for Economic Integration (CABEI) approved two loans provided by the TaiwanICDF on August 25, 2020.

The TaiwanICDF will, through the loans, participate in two facilities under CABEI’s Emergency Support and Preparedness Program for COVID-19 and Economic Reactivation: “Credit to Finance Public Sector Operations” and “Financial Sector Support Facility for Micro, Small and Medium-sized Enterprises (MSMEs).”

The resources from the TaiwanICDF will support CABEI’s member countries to strengthen their health systems and mitigate the socio-economic impacts of the COVID-19 pandemic on vulnerable groups, as well as support MSMEs to fight the pandemic and enhance their resilience to external shocks during the recovery phase.

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  • Date:2020/8/27