The Millennium Challenge Corporation (MCC) office in Honduras established a drop dead date for the Central American Bank of Economic Integration (BCIE in Spanish) to restart loans to Honduras totalling $130 million.
"The resources of the BCIE are still suspended and we need a determination by February 2010 at the latest, or we'll have to phase out the program," said Martin Ochoa, director of the MCC office in Honduras.
The BCIE loan supports work on the "dry canal" project, specifically a stretch of road from Tegucigalpa to Rio del Hombre.
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