Tag Archives: FOMILENIO

Eventful week for the Salvadoran Government

(EN ESPAÑOL AQUÍ)   It’s only Wednesday and the start of December but several things have happened in El Salvador. Here’s a sample of some news reports:   Ministry of Tourism to go to trial for payments made to Chepe Diablo’s hotels and to Minister Alabí’s cousin The Minister of Tourism Morena Valdez will face […]

Background Information on Millennium Challenge Corporation Fund and El Salvador

The MCC Board approved a second compact with El Salvador nine months ago, but its signing and entry into force have been delayed and new conditions demanded by the Obama administration that are inconsistent with the country’s development plan and with general MCC practice.   The MCC Board approved a $277 million compact for El […]

Sister Cities Denounces Sneak US Economic Intervention in El Salvador

We Stand in Solidarity with our Salvadoran Allies Against the US Manipulation of Development Aid     San Salvador – June 6, 2014, in front of the US Embassy.   This morning, we as solidarity organizations based in the United States- Committees in Solidarity with the People of El Salvador (CISPES), US –El Salvador Sister Cities, […]

CONFRAS Demands Review of CAFTA Following latest US Intervention

Agricultural Cooperatives feel our local economies threatened by the intrusion of the United States Government   Over 3 years, the agricultural cooperatives have managed to develop the technique of seed production of both corn and beans. This method produces high quality produce which has been certified with the technical and financial support of the Ministry of […]

MCC: El Salvador Does Not Meet Requirements

By Yolanda Magaña originally published April 9, 2014 in Spanish.   Unofficial translation   Representatives of the U.S. government reaffirmed yesterday that El Salvador does not meet three conditions to access Millennium Challenge Corporation Funds (MCC), the program known as Fomilenio II, which have to do with fighting money laundering, free trade and the investment […]

US Ambassador Uses Aid to Pressure Salvadoran Gov. to Pass Privatization Law

December 11th, 2012, www.cispes.org As the keynote speaker at an October 29 breakfast with the Salvadoran Construction Chamber, US Ambassador Mari Carmen Aponte claimed that any renewal of the Millennium Challenge Fund (FOMILENIO), a US development aid program, would be dependent upon the Salvadoran Legislative Assembly’s approval of a proposed Public-Private Partnership (PPP) Law.   […]