Taken Question: U.S. Assistance to Honduras
Answer: In fiscal years 2008 and 2009, USAID and the Department of State plans to provide more than $95 million in foreign assistance to Honduras. In fiscal year 2008, the United States provided $40.4 million in bilateral assistance, and an additional $11 million from regional or global accounts. In 2009, the United States is currently planning to provide more than $43 million in bilateral assistance, with additional planned regional and global funds to be allocated at a later date. Funds include bilateral development and health assistance, Merida Initiative, and support for Honduran capability to participate in global peacekeeping operations.
Further, Honduras has a five-year, $215 million Millennium Challenge Corporation (MCC) Compact, signed in June 2005. As of the end of June 2009, contract commitments under the Compact are expected to be over $190 million with over $76 million funds disbursed.