Argentina's government hopes to design and implement innovative approaches to managing projects and delivering services in cases where efficient performance requires cooperation between two or more jurisdictions.
The program will also support institutional strengthening and the design and implementation of multi-jurisdictional management models. It will also finance investments in infrastructure, equipment and goods necessary for the implementation of these models.
The project will have three components:
The IDB loan is for a 25-year term, with a five-year grace period, at a Libor-based interest rate. Local counterpart funds total $10 million.
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