March 2, 2017 |
The Inter-American Development Bank (IDB) has signed a $120m loan agreement with Argentina and also received permission to provide $150m in financing for a water project in Panama.
The $141m Provincial Management Strengthening Program in Argentina involves $96m to support public investments and $42.8m to improve fiscal management in the provinces, including $20m to update tax collection systems, according to the IDB.
The 25-year loan, with a weighted average life of 15.3 years, will carry an int
Development bank signs a loan agreement for public investments in Argentina and gets the go-ahead to finance a wastewater project in Panama