Support for the development of the Plan for the Prosperity of the NT (IADB-HO-T1228)

Countries
  • Honduras
Where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 19, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Honduras
The holder of the loan, grant, or other investment.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 0.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Jun 22, 2017

Disclosed by Bank Feb 1, 2016


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Project Description
The three Northern Triangle countries (Honduras, El Salvador, and Guatemala) have agreed on actions under the North Triangle Prosperity Partnership Plan (PAPTN) that will guide medium-term priority actions to create the conditions for development of the 3 Countries. The strategic lines of action of this plan will aim to: A. Dynamize the productive sector to create economic opportunities B. Develop opportunities for human capital C. Improving citizen security and access to justice D. Strengthening institutions to increase public confidence in the State The objective of this technical cooperation is to support the Government of Honduras in the definition of specific actions to be implemented by the country within the framework of the PAPTN. Specifically, (i) it will contribute to the design of the specific actions to be included within the PAPTN, (ii) contribute to the formulation of the mechanism for execution and monitoring of the actions to be identified, and (iii) contribute to support the national dialogue between The Government of Honduras and relevant actors from civil society, the private sector and other stakeholders to ensure that national actions are based on a strong consensus.
Investment Description
  • Inter-American Development Bank (IADB)
The non-reimbursable Technical Cooperation will have a budget of US$500,000, to be financed through the IADB's Ordinary Capital.
Contact Information
ACCOUNTABILITY MECHANISM OF IADB The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).