IDB, Central America line up $2.5 billion of infrastructure plans

The Inter-American Development Bank (IDB) and the governments of El Salvador, Guatemala and Honduras have lined up $2.5 billion to fund infrastructure projects, the IDB said on Wednesday.The plans would use up to $750 million of funds from the IDB plus commitments for another $1.75 billion from private and public sources in the three countries, known as the Northern Triangle, the IDB said in a statement.The announcement came ahead of a meeting on Thursday and Friday in Miami of top U.S., Mexican and Central American officials to discuss how to cut migration and improve conditions in the three poor countries that have seen rising violence.