CAF to lend more than $4 bln to Argentina

CAF to lend more than $4 bln to Argentina

Loans Debt Economy & Policy Project & Infrastructure Finance Argentina

South American development bank CAF intends to lend more than $4 billion to Argentina for infrastructure improvements and other projects, in line with the size of its lending in recent years. CAF CEO Luis Carranza Ugarte announced the bank's plans during a meeting on Tuesday with Argentina's President-elect Alberto Fernández in Buenos Aires, according to the state news agency Télam, which cited a statement from the incoming government's transition team. According to the statement, the funds will

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