Argentina finds funds for fiber optics, vaccines

Argentina finds funds for fiber optics, vaccines

Inter-American Development Bank (IDB) International Financial Institutions Loans Argentina Coronavirus Technology

Argentina said Friday that it has agreed to borrow as much as $200 million from two development banks to finance its COVID-19 vaccine program and expand its fiber optic network. The country will borrow up to $100 million through a 25-year loan from the Inter-American Development Bank (IDB) for the fiber optic program, which is designed to increase access to the internet and digitalization, the government said. The dollar-denominated loan has a 5.5-year grace period and charges an interest rate b

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