Barranquilla borrows from IDB

Barranquilla borrows from IDB

Corporate & Sovereign Strategy Inter-American Development Bank (IDB) Economy & Policy Debt Loans Andean Colombia

The Barranquilla city government said Monday that it signed a $250 million loan with the Inter-American Development Bank (IDB) to fund urban renewal plans in the city center and other projects.   The 25-year loan, the first to come with backing from the national government since the turn of the century, includes a €5 million ($5.95 million) contribution from Spain's international cooperation agency AECID, the city government said in a press release. "We have entered the big leagues in multilate

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