By Juan E. Notaro FONPLATA Executive President As the Bulgarian economist, Kristalina Georgieva took office as new IMF Managing Director, replacing the French Christine Lagarde, bad news regarding the world economy was announced: the economy of the whole world is slowing down. How serious is the...
Juan Notaro FONPLATA Executive President The development of sustainable cities is a priority, and FONPLATA is working with its member countries in order to achieve the proposed goals. Besides what one can see at a glance, statistics confirm that the urban population in our member countries...
It is estimated that almost 4 million ha were burned in the Chiquitania Region and over 5 million ha were affected in all of Bolivia. At the end of August, we were called by the government of Bolivia along with other international financing entities, to coordinate efforts in support of the urgent...
LIBOR used to be known, somewhat hyperbolically, as “the most important figure in the world”. In fact, the rate still determines the interest rate in the performance of different types of global financial operations representing more than $360 trillion US dollars. The “London Interbank Offered Rate”...
I am fortunate to have been the head of FONPLATA in one of the most important stages in the history of this Institution. Not so long ago, this Institution was a financial fund, and in just a few years, we have turned it into a modern and dynamic regional development bank already at the same level as...