Peru gets loan for healthcare

Peru gets loan for healthcare

CAF Loans Peru Healthcare Coronavirus

Peru’s Ministry of Economy has approved taking out a $120 million contingency loan from the South American development bank CAF to bolster its health system, according to a local news report. The ministry said it will use the nine-year loan to support and strengthen the health system during the COVID-19 pandemic, the Andina newswire reported, citing an official document. The loan comes with a six-year grace period and charges 175 basis points over the secured overnight financing rate (SOFR). Thi

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