Vice President Kamala Harris has is reportedly assisting businesses in directing investments beyond the United States and into the Central American economy, which the Biden administration claims would somehow reduce record numbers of illegal immigration from flooding over the U.S. border.
Harris, the administration’s border czar, has long advocated that the government approach to border security should focus on tackling economic insecurity, climate change, and other alleged “root factors” that contribute to illegal immigration.
According to a White House factsheet, she has sparked a total of $4.2 billion in private sector investments to Central America.
The Central America Forward framework of the federal government established a new Northern Central America Investment Facilitation Team to support a variety of liberal projects in the region.
Central America Forward intends to create one million employment in the area, as well as improve access to the banking system, establish a $75 million loan fund for small firms, and enable $500 million in infrastructure investments.
The initiatives to encourage investment outside the United States come many months after the Biden administration committed cash for food security and humanitarian help to Latin American nations. The aid package was worth $645 million.