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U.S., Supporting Mexico's Plan, Will Invest $5.8 Billion in Central America
The United States, joining an effort by Mexico, will commit to investing billions in Central America in hopes of ending the poverty, violence and drug-trafficking that are driving thousands of people in the region to undertake the difficult trek to the United States, the State Department announced on Tuesday.
Mexico's new president, Andrés Manuel López Obrador, introduced what he called a "Marshall Plan" last week to address the root causes of Central American migration: a $30 billion initiative to invest in the region and welcome migrants into Mexico with visas, health care and employment.
On Tuesday, the Trump administration signaled its support for the plan, saying it was committing $5.8 billion in private and public investments in Guatemala, Honduras and El Salvador. Much of that amount, however, was previously committed or contingent on the identification of "commercially viable projects."
Also at The Washington Post and The Hill.
(Score: 2, Insightful) by khallow on Saturday December 22 2018, @05:00AM
To be fair, it was more likely to to used for a worse VA hospital system. If the US were efficiently spending money in the first place, we wouldn't be so concerned about foreign aid.
But using at least an order of magnitude less resources means it is less of a waste.