Displaying items by tag: CAF
CAF consolidates as an ally for the economic development of El Salvador
The Development Bank of Latin America and the Caribbean (CAF) consolidates as a strategic ally for the sustainable development of El Salvador through the formation of a portfolio focused on three strategic axes: sustainable economic development, inclusive human development, and social and environmental resilience.
CAF supports urban mobility programs in El Salvador to improve urban transportation and boost economic growth
During his visit to El Salvador, CAF Executive President Sergio Díaz-Granados, together with Finance minister Jerson Posada, signed a $75 million loan that will be used to strengthen the government's urban mobility plans.
ANDA and CAF sign cooperation agreement for two important water supply and sanitation programs
The Development Bank of Latin America and the Caribbean (CAF) will invest US$75 million for the execution of the Environmental Improvement, Drinking Water and Sanitation Program in the Upper Basin of the Lempa River (Trifinio) and the Port of La Libertad in El Salvador, for which a cooperation agreement has been signed with the Administración Nacional de Acueductos y Alcantarillados (ANDA).
Plenary approves US$75 million CAF loan for environmental program
The deputies of the Legislative Assembly approved, with 59 votes, that the Salvadoran government sign a loan with the Corporación Andina de Fomento (CAF) for US$75,000,000.00 to finance the "Program for environmental improvement, drinking water and sanitation in the upper basin of the Lempa River (Trifinio) and Puerto de La Libertad in El Salvador".
Ministry of Finance presents initiative to subscribe loans with CAF
The General Director of Investment and Public Credit of the Ministry of Finance of El Salvador, Marlon Herrera and the deputy director of Budget, Michelle Arce, appeared before the Finance Committee of the Legislative Assembly, to request loans from the Development Bank of Latin America and the Caribbean.
CAF and MCDF to support El Salvador with US$500,000 in a submarine cable project to improve connectivity
The Development Bank of Latin America and the Caribbean has secured a partnership with the Steering Committee of the Multilateral Cooperation Center for Development Finance (MCDF) to improve El Salvador's digital connectivity.
CAF to support El Salvador with a US$77 million loan for the implementation of a telemedicine system
The Board of Directors of the Development Bank of Latin America and the Caribbean (CAF) approved a $77 million loan in favor of the Republic of El Salvador to support the implementation of a telemedicine system in the country.
CAF will support Parlatino to strengthen the digitization and integration of Latin American congresses
CAF -Development Bank of Latin America will promote the strengthening of congresses in the region through an agreement signed with the Parlamento Latinoamericano y Caribeño PARLATINO, an organization that brings together the congresses of 23 countries in the region.
Commission issued two opinions for the Government to subscribe loans with CABEI and CAF
The Treasury and Special Budget Commission issued two opinions in favor of the Executive Branch subscribing a loan with the Central American Bank for Economic Integration (CABEI) and the Corporación Andina de Fomento (CAF).
El Salvador will pay US$460 million to become a member of CAF
The Foreign Affairs Committee of the Legislative Assembly issued favorable opinions for the Central Government to ratify the Immunities and Prerogatives Agreement between the Corporación Andina de Fomento (CAF) and the Republic of El Salvador; the Subscription of Guarantee Capital Shares and the Subscription of Ordinary Capital Shares between the Andean Development Corporation and El Salvador and incorporation as a Member Country.