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...
Juan E. Notaro FONPLATA Executive President Actions taken to overcome the negative economic effects of the COVID-19 should avoid the return to commodity dependence The governments of Latin America maintain their action to slowdown the spread of the COVID-19 in the region. While health-care...
The Development Bank approved a funding of almost US$47 million for the Urban Development and Mobility Project of Presidente Prudente, in the Brazilian State of Sao Paulo. The project aims at improving the quality of life of the municipality’s residents through macrodrainage and urban mobility works...
The Development Bank has approved a US$30-million funding for the Agua y Cloaca más Trabajo (Water and Sanitation plus Jobs) program, which, through the expansion of drinking water and sanitation networks, aims at improving the quality of life of vulnerable population and promoting socioeconomic...
The Development Bank approved a new loan of US$45 million for the “Financial Assistance Program for Micro and Small Enterprises” led by the National Development Agency (ANDE), aiming at alleviating the impacts of the emergency caused by the COVID-19. This operation adds to the US$15-million loan...