Peru accepts IBRD loan

Peru accepts IBRD loan

Corporate & Sovereign Strategy International Financial Institutions World Bank Loans Peru Healthcare Coronavirus Debt

Peru's finance ministry said Thursday that the government has accepted a $68 million loan from the International Bank for Reconstruction and Development (IBRD), part of the World Bank, to fund public healthcare projects. The 11-year loan comes with a four-year grace period and pays a Libor-based interest rate of 6.67% from December 2025 to June 2032 and 6.62% for the last payment in December 2032, the ministry said in an announcement in the official gazette El Peruano. The loan also charges an a

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