November 5, 2018 |
The Inter-American Development Bank (IDB) said it has agreed to lend $200m for social infrastructure projects in Paraguay and Uruguay.
In Paraguay, the IDB will provide $130m for a digital program to improve public services and expand the use of broadband internet connections, the multilateral lender said in a press release.
The 24-year loan is based on Libor and has a 6.5-year grace period, the IDB said.
In Uruguay, the IDB said it will provide $70m to improve living conditions for people in
Multilateral lender earmarks $130m for digital inclusion in Paraguay and $70m for affordable housing in Uruguay