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Honduras announces $350 mln credit from development bank



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Adds detail on crime agreement, coffee

TEGUCIGALPA, Aug 19 (Reuters) -The government of Honduras said on Monday that CAF, the regional development bank for Latin America and the Caribbean, had signed off on $350 million in credit destined for social works, infrastructure and the Central American nation's coffee sector.

Honduras is Central America's top coffee producer and exporter.

In a statement, the government said the credit will also be used to fund public spending and social and gender inclusion.

Separately on Monday, CAF had alongside the World Bank and Inter-American Development Bank (IDB) signed a deal to deepen cooperation on policies to tackle transnational organized crime across the region.



Reporting by Gustavo Palencia; Editing by Kylie Madry

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