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LATEST APPROVALS


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Argentina
A $200 million IDB loan to the government of the city of Buenos Aires to support modernization of institutions, fiscal reform, and investment planning.

An $80 million IDB loan to support reform of public administration in the province of Mendoza.

An $8 million IIC loan to Curtiembre Arlei S. A. to expand and modernize the company's production facilities in Las Toscas, Salta, to increase the production of unfinished hides.

A $1 million MIF grant to strengthen the regulatory framework of the water and sanitation sector in the province of Buenos Aires.

Bahamas
A $1.3 million MIF grant to strengthen public utilities and environmental regulation.

Brazil
A $1.4 million MIF grant to help establish a regulatory framework that will encourage private investment in irrigation.

Colombia
A $1.9 million MIF grant to support a technical training program that will improve the competitiveness of the pulp, paper, and paperboard industry.

Costa Rica
A $16.45 million IDB loan from ordinary capital and a $32.9 million syndicated loan to help finance a 27 megawatt geothermal plant, the country's first private sector energy project based on a contract awarded through competitive bidding.

Guatemala
An $8 million IDB loan to help finance preinvestment studies in priority areas as specified by national peace agreements.

A $1.2 million IDB grant from the Norwegian Fund for Women in Development to promote women's citizen participation and leadership in the consolidation of democracy.

Panamá
A $14.2 million IDB loan to strengthen the capacity of private companies through investments in research and technology.

Paraguay
A $25.65 million IDB loan to support the sustainability of small-scale cotton producers.

Perú
A $10 million IIC loan and a $12 million syndicated loan to Empresa Eléctrica de Piura S.A. to help finance construction of a new gas processing plant that will provide greater efficiency and cut costs.

Venezuela
A $6 million IDB loan to strengthen public sector financial administration at the state level and improve the delivery of public services.

A 200,000 Ecu grant from the Special Fund for European Technical Assistance to Latin America to support a program of training courses for the National Youth Orchestra System.



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