FONPLATA opens new support line for the economic recovery of its member countries


The Executive Board of FONPLATA informed that the Development Bank made available to Argentina, Bolivia, Brazil, Paraguay, and Uruguay a support line of up to USD 1 billion in special financial conditions to mitigate the COVID-19 negative effects.

This new support line is part of other actions taken by FONPLATA to support its member countries in the face of the difficulties caused by the pandemic.

Besides, for 2020, the Bank has set itself the goal of doubling disbursements in relation to 2019.