IDB, Argentina agree loan terms

IDB, Argentina agree loan terms

Project & Infrastructure Finance Loans Argentina

The IDB has approved a $960m debt package to Argentina to improve sanitation services in Buenos Aires' metropolitan area, a statement from the country's Ministry of Finance showed. The multilateral will start the package off with a $305m disbursement.  Part of that amount will go towards expanding the waste water treatment system in Moreno and San Miguel, benefiting 19,000 households. Another will go towards the construction of the sewage pipe in Berazategui, which serves another 5.1m residen

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