In the midst of a severe financial crisis, Argentina received a loan from the CAF for USD 960 million to pay the International Monetary Fund, as indicated by the Central Bank.
Spokespersons for the organization indicated that the country “will make the necessary efforts to restore the validity of…
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World Bank approved a loan for Ecuador’s education
In an important announcement, the World Bank approved a loan worth $190 million for the execution of an ambitious project to improve educational quality in Ecuador. This project, which will focus especially on rural areas of the country,…
Argentina and Brazil signed a historic pact to boost trade
In an announcement that resonated with great importance, Argentina and Brazil closed a pact of historical relevance on Tuesday. The Development Bank of Latin America-CAF played a crucial role by offering guarantees for a value of 600…
IDB will boost the economy and technology in Argentina
The Inter-American Development Bank (IDB) approved a US$35 million loan for Argentina's Knowledge Economy Export Support Program to assist the country by providing human capital and developing and adopting technologies based on knowledge in…
The IDB will finance El Salvador with 92 million euros
The Inter-American Development Bank (IDB) has approved a loan for El Salvador for a total amount of 100 million dollars (92.3 million euros) to support the growth of micro, small and medium-sized companies in the country, in line with…
Brussels disburses 1 billion euros in aid to Ukraine
The economic vice-president of the European Commission, Valdis Dombrovskis, announced on Monday that "this payment of 1,000 million euros is the first part of our macro-financial assistance package of 9,000 million euros to help Ukraine…
CAF approves seven loans for the economic recovery of Latin America
CAF approved the disbursement of 1,650 million dollars corresponding to seven loans destined to support the economic development of Latin America and the Caribbean, with Argentina, Brazil, Paraguay, Peru and Trinidad and Tobago as…
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…
Goldman Sachs granted a loan to Coinbase
Cryptocurrency exchange Coinbase recently revealed that it secured special bitcoin-backed funding from Goldman Sachs.
The objective of this transaction was generated to strengthen the ties between the world of digital assets and…
IMF will provide economic support to Panama
The International Monetary Fund (IMF) has approved a precautionary and liquidity line of $ 2.7 billion in favor of Panama to face the Covid-19 pandemic and act as insurance in case of extreme external impacts, as reported by the agency…
Panama will receive a loan from the World Bank
The World Bank approved the granting of a 300 million dollar loan to Panama to support the government's response to the health crisis and economic recovery.
The game will support the country's initiatives to invest in better health and…
Bank of Russia grants first payment in cryptocurrencies
Russia's Expobank made history this week after granting the first cryptocurrency-backed bank loan.
This exchange and payment promise was made through the waves token. According to manager Tanzila Yandieva, this transaction "is a precedent…