Finance Committee backs raising a housing fund loan to $103.7 million and $9.9 million for scholarships
Summary
The Legislative Assembly's Finance Committee issued favorable reports on Monday, October 26, on several budget and loan changes. One backs amending the state guarantee on a Central American Bank for Economic Integration (CABEI) credit line with the Social Housing Fund (FSV), which would grow from $53.7 million to $103.7 million. According to the Finance Ministry's presentation, the FSV plans to grant about 1,250 loans, half of them to women. Another report adds $9.9 million, from a $100 million loan, to a post-secondary scholarship program that would cover about 14,000 young people. The reports still have to go to the full Assembly.
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