The Government approves CAF financing contracts for US$ 665 million

The Government approves CAF financing contracts for US$ 665 million

Added to these is decree 513/2022 that approves a guarantee contract between the Nation and CAF and another counter-guarantee contract with the province of Buenos Aires, within the framework of the Program for the Expansion and Improvement of School Infrastructure, with financing from the US $75 million, which in the event that the respective cancellation does not occur, the Buenos Aires government authorizes the national to debit the funds from the Federal Tax Sharing Account.

As for the other decrees, the first of them is a financing of US$ 75 million for the Program for the Recovery and Development of Agro-export Complexes, whose objective is to promote the reconversion of the means of production and processing and access to external markets of small and medium fruit producers and the associative schemes that make up their value chains to promote increases in productivity and export capacity.

The following is for US$100 million for the Program to Support the Argentine National Plan Against Hunger in the Covid-19 Socio-sanitary Emergency, Phase III, to contribute to the food security of families in situations of social vulnerability and prioritize the childhood.

There is another US$75 million for the Support Program for the Argentine Road System II; and the same figure for the Broad Sectoral Approach Project to Support Environmental and Climate Action, which consists of assisting in the sustainable use of natural ecosystems and the reduction of extractive pressure on natural resources.

Lastly, CAF will finance the Basic, Primary and Secondary Network Works Program for the Metropolitan Area of ​​Buenos Aires with US$340 million, which consists of helping to improve the quality of life, hygiene and health of the inhabitants of the AMBA. , in an environmentally sustainable manner, through the expansion and greater access, and the improvement of the efficiency of water and sanitation services.

Source: Ambito

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