The Central American Bank for Economic Integration (known as "CABEI") plans to reduce the interest rates of the financing it approves for its member countries in order to reduce costs and promote efficiency and operational excellence in the region.
In addition, the financing of sustainable and resilient infrastructure, the promotion of the entrepreneurship ecosystem for MSMEs and the attraction of foreign direct investment (with emphasis on nearshoring) were established as economic priorities.
These announcements were made at the last meeting held last week at CABEI's headquarters in Honduras, Tegucigalpa.