FILE PHOTO: Luis Alberto Moreno President of the Inter-American Development Bank speaks during a news conference previous to the Annual Meeting of the Board of Governors of the Inter-American Development Bank in Luque, Paraguay, March 30, 2017. REUTERS/Jorge Adorno
MEXICO CITY (Reuters) - U.S. President Donald Trump's proposed spending cuts for Central America are "not a good sign" for efforts to reduce immigration from the poor, violent region, the head of the Inter-American Development Bank (IADB) told Reuters on Monday.
Trump's austere 2018 budget proposal, which is unlikely to get legislative approval, envisages slashing U.S. aid to Guatemala by almost 40 percent from 2016. Aid for Honduras and El Salvador would fall nearly a third, according to last month's proposal.
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