Paraguay borrows from IDB for public services

Paraguay borrows from IDB for public services

Inter-American Development Bank (IDB) Economy & Policy Debt Loans Paraguay United States Regulation

Paraguay has taken out a $250 million loan from the Inter-American Development Bank (IDB) to fund a program to improve public services, including wider access to government information and better management of public finances. The 20-year loan, which builds on a $90 million credit line disbursed in April last year, will go to the government's Rindiendo Cuentas digital platform, which offers open information on public spending during the COVID-19 pandemic, the IDB said in a press release on Wedne

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