They also detailed the approval of a total of 14 operations for US$2.74 billion, “benefiting 9 countries in Latin America and the Caribbean.”
The Ministry of Economy announced the approval of a loan for the province of Neuquen by the CAF – Development Bank of Latin America and the Caribbeanin order to invest in infrastructure and territorial planning.
In this way, they released a statement announcing the agreement: ”In the framework of the CLXXXIII Session of the Board of Directors of CAF – Development Bank of Latin America and the Caribbean, in which the Secretary of Finance participated, Pablo Quirnoas Director of the organization, approved a loan for 100 million dollars that will be allocated to infrastructure and territorial planning in the province of Neuquén.
They highlighted that, at the meeting held in the capital of Peru, Lima, ”partial financing of the Territorial Balance and Development Program. The credit, which has the sovereign guarantee granted by the National Government, will allow benefit 730,000 people “by increasing access and improving basic services to address climate challenges and strengthening road connectivity to boost trade.”
The event was attended by the Undersecretary of International Financial Relations, Matias Mana As Alternate Director of the organization, he included in the program ”the expansion of three water treatment plants; the construction of a wastewater treatment plant; and the paving of more than 50 km of provincial roads.”
They also detailed the approval of a total of 14 operations for US$2.74 billion”benefiting 9 countries in Latin America and the Caribbean. It also helped to reaffirm the organization’s commitment to the Caribbean, with the involvement of Antigua and Barbuda, the fourth Caribbean country to join CAF so far this year.”
Finally, they indicated that ”they were approved Humanitarian aid for Barbados, Ecuador and Honduras to deal with the effects of natural disasters, responding with institutional agility to the needs of its shareholders.
Source: Ambito
