Remittances through the Postal System as a Development Instrument
s objective is to prepare a project for possible Multilateral Investment Fund (MIF) financing aimed at reducing the costs of remittances to Latin America and the Caribbean. It will also induce remittance recipients to use the money in a productive way, using the formal financial system and logistic companies such as the post offices of Latin America, particularly those in Uruguay and Spain.

Project Detail

Country

Uruguay

Project Number

UR-T1005

Approval Date

December 7, 2004

Project Status

Closed

Project Type

Technical Cooperation

Sector

SOCIAL INVESTMENT

Subsector

SOCIAL INVESTMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 74,834.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 74,834.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/FG-8985-UR Non-Sovereign Guaranteed USD - European Euro Spanish Framework - General Cooperation Nonreimbursable
Operation Number ATN/FG-8985-UR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - European Euro
  • Reporting Date:
  • Signed Date:
  • Fund: Spanish Framework - General Cooperation
  • Financial Instrument: Nonreimbursable