Mitch's tailwinds: billions in aid

The US, several lending agencies and the international community have pledged over $1.5 million in financial aid to Central American nations that were ravaged by Hurricane Mitch. Majority of the $1.5 billion aid and the previously approved funds of $6.3 billion will be used for the reconstruction of damaged infrastructures such as roadways, bridges and power and water utilities. The US contributed $300 million and promised to provide more funds.