Friday, December 7, 2012

IDB approves US$45 million loan for El Salvador

From Infosur Hoy
The Inter-American Development Bank (IDB) has approved a US$45 million loan to implement the Central American nation’s new social youth violence prevention project.
The initiative combines work training, institutional strengthening and jail rehabilitation programs, among other actions that will improve the chances of successfully reintegrating young offenders into society.
The project, which is a joint initiative by the federal and local governments, is projected to create more opportunities for nearly 25% of Salvadoran youths between the ages of 15 and 24 who are not employed or in school. The project also will help those between the ages of 18 and 35 who are incarcerated.
“According to several studies, more than one in every ten dollars generated by the Salvadoran economy is absorbed by the cost of crime and violence,” Jean Eric Theinhardt, the IDB’s project leader said in a prepared statement. “This constitutes a key development challenge for the country. The program will work through a series of integrated actions, which taken together offer alternatives to crime and open spaces in society for greater coexistence and rehabilitation.”
El Salvador is no longer home to the world’s second-highest murder rate, which it had in 2011, when a rate of 69.2 per 100,000 inhabitants trailed only Honduras’ 91.6, according to the 2011 United Nations Global Study on Homicide.
Let me just say that it is nice to see an international story on El Salvador provide an update on the country's murder rate. We don't know what the final year's number will look like but that shouldn't stop reporters from saying that they are going down.

Meanwhile in Guatemala, there has been an uptick in murders during the last three months with November being the most violent month of the year. However, CABI still projects the murder rate to fall to 34 per 100,000 in 2012, down from the 39 that was registered last year. OPM's government will have attained a 13% reduction in murders during the first year of his administration.

And in South America, More Killings in Brazil Than in Some War-Torn Countries - can't be good as Brazil prepares for hosting both the World Cup and the Olympics.

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