Government approved financing from the IDB and CAF for more than US$600 million

Government approved financing from the IDB and CAF for more than US0 million

The Government approved the agreement models for the establishment of a conditional credit line for investment projects.

The Government approved the agreement models for the establishment of a conditional credit line for investment projects of the Inter-American Development Bank (IDB) for US$600 million and a loan from the Andean Development Corporation (CAF) for US$12 million, through decrees 302/2023 and 303/2023 published today in the Official Gazette.

The Program for the Integration of the Argentine Health System, which will be financed by the IDB, tIts general objective is to contribute to the reduction of premature mortality and the closing of gaps between Argentine jurisdictions in the prioritized lines of care.

Its goals are to increase effective access to diagnostic and care services by the population with Exclusive Public Coverage (CPE) in prioritized lines of care.

Inter-American Development Bank (IDB)

The Inter-American Development Bank (IDB) supports different programs and initiatives in the country.

The Inter-American Development Bank (IDB) supports different programs and initiatives in the country.

IDB financing aims to strengthen the provisional and management capacity for prioritized lines in the Comprehensive Argentine Health Services Plan (PAISS) at the jurisdictional level.

What will the CAF financing be used for?

Regarding the CAF loan, it will be to finance the Federal Pre-Investment Program, which consists of contributing to strengthening the institutional and project management capacities of pre-investment by subnational governments in terms of housing and habitat policies in line with national strategies and priority areas.

The Program’s objectives are to generate a portfolio of investment projects that are viable and ready to be executed in order to expedite and improve the pre-investment cycle and the formulation of housing and habitat projects, and strengthen subnational identification and formulation capacities. of projects with territorial and federal distribution.

Source: Ambito

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