HomeLatest NewsKamala Harris Announces $1.2B Private Sector Investment In Central America As Border...

Kamala Harris Announces $1.2B Private Sector Investment In Central America As Border Crisis Continues

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Kamala Harris, Vice President of the United States, announced recently that American corporations and international organizations will invest $1.2 million to improve the economies of El Salvador, Guatemala, and Honduras. This announcement comes as thousands of migrants flood the U.S.-Mexico border. Vice President Kamala Harris said they would support Central American economies’ social infrastructure.

Harris urged the private sector to invest in El Salvador, Guatemala, and Honduras to increase stability in Central American countries. Monday’s announcement continued Harris’ “call for actions” by announcing additional commitments and encouraging others to invest.

Nespresso announced that it would support coffee-growing in El Salvador, Honduras and Microsoft launched a Microsoft initiative that connects many millions to the Internet. Mastercard committed $100 million to the region in order to promote e-commerce and digital payments.

Harris will today announce more than $540million of commitments to invest from Mastercard and PepsiCo. She also announced $750million in private sector funding. 

An analysis by the Center for Immigration Studies shows that the U.S. has seen a record number of migrant flows.

Border Patrol maintains statistics on Southwest border apprehensions that date back to the Eisenhower administration, in FY 1960. They also have statistics regarding illegal immigrants crossing illegally at Southwest borders in FY 2000, which was the prior record for this period of 61 years.

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