CAF will provide support to Latin America in vaccination and the health system

The Development Bank of Latin America will provide the region with about $ 1 billion in order to grant greater access to the general population

CAF, the development bank of Latin America, approved a credit line for a value of 1,000 million dollars aimed at strengthening the health sector in the region, as well as improving access to treatments, medical procedures and access to a or more vaccines against covid-19, in addition to the acquisition of supplies necessary for the vaccine to be effectively applied, according to a statement.

This line may also be aimed at strengthening epidemiological surveillance and the response capacity of the health system, the incorporation of technologies and the reestablishment of normal operating conditions of health services, among others.

“We continue to offer agile and efficient financing facilities to support the management being carried out by the authorities in the 19 member countries in their vaccination plans and the strengthening of the health sector to improve the well-being of the population,” explained the executive president of CAF, Luis Carranza.

On the other hand, the extraordinary shareholders’ meeting has approved the entry of Costa Rica and Mexico as full members of the multilateral institution, which will mean that the countries have greater access to long-term financial resources, as well as technical cooperation for their sustainable development.

For CAF, this strengthening of assets will allow it to sustain the bank’s operational growth so that it can continue to maximize its impact on the development of the countries.

K. Tovar

Source: dpa

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