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Latest Loans: Environmental management in Argentina

The following operations were approved in recent weeks by the Inter-American Development Bank (IDB), the Inter-American Investment Corporation (IIC) and the Multilateral Investment Fund (MIF).

ARGENTINA

A $250 million IDB loan to help curb industrial pollution, improve environmental management, and control flooding in the Matanza-Riachuelo Basin.

A $82.5 million IDB loan to improve post-secondary technical education and increase the availability, relevance, and quality of skilled manpower in the labor market.

BAHAMAS

A $992,000 IDB grant to help establish geographic information systems.

BRAZIL

A $307 million IDB loan to increase energy efficiency and reduce costs by partly financing a project to interconnect the northern and southern electricity systems.

A $250 million IDB loan designed to increase job opportunities and better meet the needs of the labor market through a reform of the technical and vocational education system.

A $4 million IIC investment subscription in MG Fundo Mútuo de Investimento em Empresas Emergentes, which invests in small and medium-sized companies in Minas Gerais.

COLOMBIA

A $6 million IDB loan to help streamline information flows between the central government and the departments and municipalities.

ECUADOR

A $70.8 million IDB loan and $34.2 million in reallocated IDB funds to help prevent and mitigate flood damage and other economic and human losses resulting from El Niño.

A $15.8 million IDB loan for tax system modernization.

GUATEMALA

A $15.36 million IDB loan to improve the quality of primary and pre-primary education.

 

A $2 million MIF grant for private sector participation in technical training in rural areas.

GUYANA

A $41 million IDB concessional loan from the Fund for Special Operations to improve the country's road system by rehabilitating bridges.

HONDURAS

A $13.8 million IDB concessional loan for a pilot program in the city of Puerto Cortés to build a wastewater disposal system and reform the city's water and sanitation services.

JAMAICA

A $1,445,000 mif grant to strengthen the Financial Sector Adjustment Company, a government agency that coordinates the regulatory activities for banking and insurance.

PANAMA

A $1.4 million MIF grant to provide services and marketing information to small and medium-sized agricultural producers.

PERU

A $150 million IDB loan to prevent or reduce the costs associated with El Niño.

A $20 million IDB loan to carry out a judicial reform program, including the establishment of modern judicial centers with bilingual capability to regions and populations without adequate access to the justice system.

A $7 million IIC loan and a $1 million IIC equity investment in Industrias San Jacinto S.A., to modernize and expand sugar production.

A $2,700,000 IDB loan to improve the efficiency and equity of the tax system.

URUGUAY

A $1,325,000 MIF grant to increase the competitiveness of small farming enterprises.

VENEZUELA

A $8 million IDB loan to assist a national orchestra and choir system that benefits low-income youth.

REGIONAL

A $300 million IDB loan to the Inter-American Investment Corporation to support the development of small and medium- sized enterprises in Latin America and the Caribbean.

A $5 million IIC equity investment in Newbridge Andean Partners, L.P., a firm that invests in companies and provides them with improved management techniques and technology.

 

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