IDB funds agricultural financing program in Paraguay

IDB funds agricultural financing program in Paraguay

Loans Debt Paraguay US

The Inter-American Development Bank (IDB) said it has approved a $30 million loan to finance a program to widen access to medium- and long-term loans for farmers in Paraguay.The loan is the second transaction under a co-financing arrangement between the IDB and the Agence Française de Développement (AFD), the Washington DC-based development bank said in a statement.The AFD will choose the financial institutions to handle the funds through the on-lending agreements. The French development agency

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