Macroeconomy/Finance

Argentina clinches $4 bln coronavirus loan from Development Bank of Latin America

The Development Bank of Latin America (CAF) will loan Argentina $4 billion to help finance projects to combat the growing economic impact of the coronavirus. The financing will be disbursed over four years. The bank expects to invest $900 million in Argentina in 2020, and aimed to fast-track infrastructure projects in the South American nation in the coming months

Source: Cityfalcon

Categories: Macroeconomy/Finance