Countries calls for a specific fund and more SDRs to stop a health and economic crisis from turning into a debt crisis
Category: International Financial Institutions
Posted inDaily Brief
Corporación Favorita receives funding from IDB Invest
Ecuador’s largest supermarket chain gets $80 mln to build a distribution center for its subsidiary in Panama
Posted inDaily Brief
World Bank funds vaccines in Ecuador
US-based multilateral lender approves $150 mln in financing in its first deal for COVID-19 shots in Latin America and the Caribbean
Posted inDaily Brief
Banco Popular gets trade finance line from IDB Invest
Dominican Republic’s largest private-sector bank and US-based multilateral lender also agree to develop green financing in the country
Posted inDaily Brief
Paraguay borrows from IDB for public services
South American nation gets $250 mln to increase transparency and combat money laundering
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Suriname asks to delay debt payments
Bondholder group plans to give an answer to the South American sovereign issuer on April 6
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Argentina bags $330 mln from World Bank
Country will receive $250 mln for public health costs and $80 mln for digital services
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Argentina to seek support for debt refinancing in Europe
Economy minister is trying to renegotiate $46 bln in debts with the Paris Club and the IMF
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IDB issues EYE bonds in Swedish kronor
US-based development prints $126 mln in five-year bonds for youth education and employment in Latin America
Posted inDaily Brief
World Bank bumps up GDP estimates in LatAm
Multilateral lender now expects the region to grow 4.4% this year as a post-pandemic recovery presents a chance for “significant transformation”