June 20, 2019 |
The World Bank said it has approved a $100m loan to finance infrastructure and housing projects in three poor neighborhoods in the province of Buenos Aires in Argentina.
The 28-year loan comes with a six-year grace period and carries a fixed spread, the World Bank said in a press release.
The provincial government will invest the money in water, power and infrastructure projects in the neighborhoods of Villa Itatí and Villa Azul in the city of Quilmes and in the Carlos Gardel neighborhood in the
Multilateral agency provides $100m for infrastructure and housing projects in poor neighborhoods