IADB agrees to resume lending to Honduras

WASHINGTON, March 16 | Tue Mar 16, 2010 12:05pm EDT

WASHINGTON, March 16 (Reuters) - Inter-American Development Bank member countries on Tuesday agreed to resume lending to Honduras, the latest development institution to recognize the new government of President Porfirio Lobo.

"In a meeting today the board decided to resume lending to Honduras," a spokesman for the regional development bank said. (Reporting by Lesley Wroughton; Editing by James Dalgleish)

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