CAF -development bank of Latin America and the Caribbean- approved US$2.74 billion for Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, El Salvador, Honduras and Peru. The financing is aimed at helping to boost the energy transition, the resilience of strategic ecosystems, social well-being, physical and digital infrastructure, productivity and resilient territories. In addition, the organization continues […]
Tag: CAF
Argentina is getting ready to receive financing from CAF to pay US$913 million to the IMF
Argentina will receive financing from the Development Bank of Latin America and the Caribbean (CAF) to make a payment of 913 million dollars to the International Monetary Fund (IMF) next week, two sources familiar with the matter told Reuters. Argentina, whose US$44 billion program IMF makes it the largest debtor of the fund, it must […]
Verónica Frisancho: “Growth would recover, but not from previous years”
Within the framework of the presentation of the Economy and Development Report (RED22) of CAF, the Knowledge manager of this institution gives her macroeconomic vision of Peru, in a context in which the national GDP registered a fall of 0.24% in the first quarter and several institutions have been lowering their perspectives. —How does CAF […]
CAF implements high-impact projects to promote water and road corridors
The CAF – Development Bank of Latin America– reported that it maintains two high-impact projects with Peru, which were signed with the Ministry of Economy and Finance (MEF). It is, in the first place, the water and sanitation project, “Nueva Rinconada”, which has a credit from $51.5 billion. This is executed by the Lima Potable […]
CAF approved US$120 million credit to promote vaccination against COVID-19
The CAF – Development Bank of Latin America- approved a sector credit for US$ 120 million to the Republic of Peru, with the goal to strengthen the Vaccination Plan against COVID-19 led by the Government. This loan was approved within the framework of a regional program designed to provide swift and timely support to CAF’s […]
CAF issues bond for US$382 million to finance green projects
Updated on 01/19/2022 01:36 pm The Latin American development bank CAF issued US$382 million in the Swiss market to finance green projects that contribute to the adaptation and mitigation of climate change, the financial institution reported on Wednesday. The green bond was placed by Credit Suisse and Deutsche Bank, has a maturity of five years […]
CAF financed projects in Latin America and the Caribbean for US $ 13,200 million in 2021
The Development Bank of Latin America-CAF (former Andean Development Corporation) approved, during the year 2021, a total of US $ 13,200 million to finance development initiatives in Latin American and Caribbean countries, the institution reported. “The impact of these approvals means, for example, that more than 2.5 million people will have new or improved drinking […]
CAF will seek to be the green bank in Latin America and the Caribbean after capitalization of US $ 7,000 million
With a capitalization of US $ 7,000 million, the Development Bank of Latin America (CAF) will become an engine of the economic and social reactivation of the region and will promote the energy transformation, in search of the carbon neutrality of its partners, said the Thursday the president of the organization. CAF’s Board of Directors […]
CAF approves strengthening the institution’s equity for US $ 7,000 million
The Board of Directors of the development bank of Latin America (CAF) approved by consensus the resolution of the tenth patrimonial strengthening of the institution, the largest in its history, with a capital increase for a total amount of US $ 7,000 million. This constitutes a vote of confidence of the shareholder countries of the […]
CAF: Latin America requires reengineering to promote commercial integration
Intraregional trade in Latin America and the Caribbean has been around 15% for decades, reflecting the need to reengineer aspects such as infrastructure, tariff policies and regulations to promote trade integration, a Bank study indicated. of Development of Latin America (CAF). “The regional market has not yet been a space that companies, especially medium-sized and […]