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Argentina takes CAF loan for vaccinations

Argentina takes CAF loan for vaccinations

June 10, 2021
South America's second-largest economy borrows $75 mln from the regional development bank to buy and produce COVID-19 vaccines

Economy & Policy Loans International Financial Institutions CAF Healthcare Health Policy Coronavirus Argentina

Argentina has borrowed $75 million from Latin American development bank CAF to support a vaccination program against COVID-19, the office of President Alberto Fernández said in a statement on Tuesday. The government will use the money to buy more vaccines and also support production in the country, according to the statement. "Argentina could have, if it meets all the necessary conditions, the capacity to produce between 35 million and 40 million doses of vaccine per month," Fernández said in th

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