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Tag Results for "Inter American Bank"

Mexico to Improve Country’s Neonatal Health Services with $350 Million Loan

Mexico will improve its maternal, neonatal and post-neonatal health services with a loan of up to $350 million from the Inter-American Development Bank (IDB). continue reading »

Dominican Republic Obtains $130 Million in Loans to Upgrade Toll Roads & Tourist Loaded Highways

The Inter-American Development Bank (IDB) approved its largest single no-sovereign guaranteed transaction in the Dominican Republic with a $130 million senior secured loan for Dominicana de Vías Concesionadas, C. por A. to finance the rehabilitation, construction, operation and maintenance of a network of connecting toll roads, known as Viadom. continue reading »

$1.4 Billion Latin American Energy Project to Build Four Wind Farms in Region

IMPSA, one of the world’s leading renewable energy companies, will get a $150 million loan from the Inter-American Development Bank (IDB) to help finance its plans to expand wind energy generation in Latin America. continue reading »

New Initiative to Protect Water Sources Supplying Water to 50 Million People in Latin America

Global business, financial, development and conservation leaders announced a new partnership that will protect threatened water resources across Latin America and the Caribbean or 50 million people. continue reading »

Nicaragua Seeks to Improve Tourism and Highlights Its Cultural Treaures

Nicaragua will improve tourism offerings in San Juan del Sur and Granada with a $10 million loan by the Inter-American Development Bank (IDB). The project will increase average daily foreign tourists spending by more than 35 percent in San Juan and more than 25 percent in Granada, allowing local firms to double the number of formal tourism jobs, a move that will contribute to increase household income and reduce poverty in both locations. continue reading »

Mexico Spending $1 billion to Strengthen Finances and Fiscal Management Policies

During 2009 the Mexican economy suffered its worst contraction since the 1930s, due to declining international financial markets and the sharp drop in exports. This caused a sharp drop in fiscal income, both from taxes and from petroleum activity. continue reading »