December 7, 2017 |
CAF will lend Argentina roughly $650m for infrastructure projects throughout the country, according to the Argentine Ministry of Finance.
The amount would represent CAF's largest-ever contribution to Argentina in any given year.
Argentina's private sector will receive the funds, which will go towards developing roads, sanitation and irrigation systems, civil works, schools and support for the national university system.
Next year's expected disbursement of $650m is part of a total $1.65bn, which
Regional development bank earmarks $650m in loans for the sovereign