USAID Verifies Use of Funds in Puerto Cortés

January 31, 2013 Filed under Financial News, General Honduras News, Headline News Honduras News article by

A committee of the U.S. Agency for International Development (USAID) visited Puerto Cortés in northern Honduras, to verify that the funds managed by the agency are being used for the approved projects.

Puerto Cortes

Puerto Cortés, Honduras

The budget invested in the first stage of the proposed video surveillance, which consisted of 45 cameras and an emergency switchboard, was 16 million lempiras (800 thousand U.S. dollars), which was funded by the Spanish Agency for International Cooperation (AECID – Agencia Española de Cooperación Internacional).

With statistical data on the progress made since the implementation of video surveillance, police reinforcement representatives explained to Puerto Cortés Mayor Allan David Ramos Molina, that in 2013, their priority is job creation and security for the inhabitants and investors in Honduras.

The delegation stressed that USAID cooperation funds are few, so they are focussing on investments with the aim of obtaining measurable results.

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