Global Multisectoral Line of Credit

THE PROGRAM RESOURCES WOULD FINANCE MIDDLE- AND LONG-TERM PRIVATE INVESTMENT PROJECTS. THE LINE OF CREDIT WOULD BE MANAGED BY THE BANCO CENTRAL DEL URUGUAY AND BE USED TO FINANCE PROJECTS WHICH WOULD INCREASE EXPORTS AND TOURISM. THE LIVESTOCK, AGRICULTURAL AND INDUSTRIAL SECTORS WOULD BE COVERED BY THE PROGRAM AND WOULD ALSO BE ELIGIBLE FOR THE FINANCING OF LEASING SERVICES.

Project Detail

Country

Uruguay

Project Number

UR0063

Approval Date

November 11, 1992

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Préstamo de Inversión

Lending Instrument Code

INV

Modality

GCR (Global Credit Operation)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 206,000,000.00

Country Counterpart Financing

USD 40,000,000.00

Original Amount Approved

USD 90,000,000.00

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