Geopolitics

Fernández to use $6 billion loans in infrastructure and development

Argentine government ratified that it will use the loans for $6 billion approved by the Inter-American Development Bank (IDB), the World Bank and CAF (currently the Development Bank of Latin America), for infrastructure works and development programs. President Alberto Fernández will accept these loans approved during the government of Mauricio Macri “for their low cost of financing comparing to what the country could get in the markets,” official sources explained.

Source: Perfil