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Argentina to borrow more from CAF

Argentina to borrow more from CAF

August 9, 2022 | Charles Newbery
Country lines up $740 mln in loans from the South American development bank

International Financial Institutions Inter-American Development Bank (IDB) International Monetary Fund (IMF) CAF World Bank Economy & Policy Loans Argentina Project & Infrastructure Finance

Argentine President Alberto Fernández said late Sunday that the country will borrow $740 million from the South American development bank CAF for boosting agriculture exports, education, infrastructure and other projects. Of the total, $325 million will be disbursed in August, the president said by Twitter. The funds will also go to improving school infrastructure, roadworks, fighting hunger and combating climate change, Fernández added. He reached the agreement with CAF executives after attendi

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