Browsing Tag

Latin America

IDB grants loan to Chile for energy transition

The Inter-American Development Bank (IDB) approved a $300 million loan to support the energy transition process in Chile, according to a statement. This is the second and last operation of a policy reform support program in the Andean…

CAF will strengthen carbon markets in Latin America

The Latin American Development Bank (CAF) will strengthen the carbon markets of its member countries and will articulate the competitiveness of the supply of carbon credits, with the aim of reducing greenhouse gas emissions, mobilizing…

Bank of Argentina raises interest rates again

The board of directors of the Central Bank of the Argentine Republic raised the yield of the Liquidity Letters (Leliq) to 28 days, the reference rate in the country for the price of money, by 200 basic points, from 47 % to 49 %, as reported…

IMF and Colombia agree on a new credit

The Executive Board of the International Monetary Fund (IMF) approved a new two-year agreement in favor of Colombia within the framework of the Flexible Credit Line (LCF) for an approximate amount of 9,800 million dollars, as reported in a…