Costa Rica receives a donation from CABEI for $ 500 thousand to face an emergency due to hurricane Eta

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The Central American Bank for Economic Integration (CABEI) approved a non-reimbursable technical cooperation under the modality of emergency aid in the amount of $ 500,000.00 to the Republic of Costa Rica to help it face the emergency caused by Hurricane Eta.

The objective of this type of donation for aid against natural phenomena is to accompany government authorities in the actions that are necessary to serve the affected population. Some of those actions are:

  • Achat de nourriture, d’eau potable et d’autres biens à usage primaire requis par les personnes touchées.
  • Achat de médicaments et soins médicaux pour les personnes touchées.
  • Achat de matelas et autres matériaux nécessaires dans les abris créés pour assister à l’urgence.

The Government of Costa Rica estimates that 325,000 people were directly and indirectly affected by Hurricane Eta. Of these, 2,056 were mobilized to 77 temporary shelters installed in 23 cantons.

The President of the Republic, Carlos Alvarado, thanked CABEI for the prompt response and stressed that “this economic support means a great contribution to continue with the aid in the recovery and reconstruction of the places most affected in the country by the passage of the hurricane ”.

“A few days ago, Costa Rica was one of the first founding partners of CABEI to make a request for this cooperation and we are pleased that the response time has been so short, mainly for the benefit of the affected residents,” said the Executive President of the CABEI, Dr. Dante Mossi.

Yamilette Mata, executive director of the Emergency Commission thanked the Central American Bank for Economic Integration (CABEI) for the solidarity support in times of emergency and pointed out that these resources will be used to purchase food, reservoirs and accessories for the availability of drinking water. Also, for mats and blankets necessary for the care of victims during the emergency.

“As governor of CABEI, I celebrate the fundamental role of the bank in our country, be it to support the efforts to respond to crises generated by COVID-19 or, in this case, by Hurricane ETA, through non-reimbursable cooperation; as well as in key public investment projects such as hospitals, highways, aqueducts and sewers, among others, which are strategic for economic recovery and sustainable development, ”said Pilar Garrido, Minister of National Planning and Economic Policy.

In addition to this donation, CABEI is structuring the “Central American Resilient Reconstruction Program” for an amount of US $ 2,500 million available to member countries that request it and is being designed to finance projects that face and prevent disasters and calamities with the In order to adapt to the effects of climate variability and change, with the aim of restoring livelihoods and creating socio-economic opportunities in affected communities.

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