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IDB funds waterworks in Argentina

IDB funds waterworks in Argentina

September 19, 2022
US-based development bank grants $810 mln in three 12-year loans for water supply projects in the provinces

Loans International Financial Institutions Inter-American Development Bank (IDB) Debt Project & Infrastructure Finance Water & Sewage Argentina El Salvador Belize United States

The Inter-American Development Bank (IDB) said it granted up to $810 million in financing for waterworks in Argentina's provinces along with $100 million to improve water services in El Salvador. In Argentina, the US-based development bank provided three separate loans, including a 25-year, $210 million facility to expand water supply for residents and farmers in the provinces, it said in a press release on Thursday. The first loan comes with a 5.5-year grace period and charges a spread over the

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