More of eight thousand low-income households will benefit from this programas reported by the multilateral organization in a statement.
The Minister of Economy, Sergio Massayesterday he met with the president of the IDB, Ilan Goldfajn, at the bank’s facilities in Washington to plan the credit disbursement schedule of the first semester. The loan that started today is the first on the list.
The new credit “intends strengthen institutional management capacity for aspects such as informal settlements to prevent the growth of these or the formation of new ones”.
According to the IDB, 45% of popular neighborhoods are located in areas exposed to environmental risk. For this reason, the loan is oriented towards the development of information processing systems. climate vulnerability information and housing improvement works in vulnerable households with criteria of energy efficiency and environmental sustainability.
In addition, they will create gender-focused housing solutions and connections to public services will be improved.
The IDB credit has a amortization period of 25 years and a grace period of 5 years.
In mid-March, the minister in the IDB Assembly that “In 2023, we aspire to exceed the rate of disbursements and we are negotiating a number of additional lines of creditperhaps the most important with the IDB, related to the drought”.
Massa and Goldfajn also discussed the importance of development banks for the implementation of strategic projects that allow greater economic and social development in the region.
During 2022, IDB disbursements to Argentina reached US$ 2,440 millionspecified sources of the organization.
Source: Ambito
