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MercoPress, en Español

Montevideo, November 2nd 2024 - 13:32 UTC

Tag: CAF

  • Friday, December 22nd 2023 - 10:28 UTC

    Argentina makes payment to IMF through CAF loan

    Argentina is said to be looking at fewer surcharges from the IMF next year

    Less than two weeks into the term of President Javier Milei, Argentina Thursday made a payment to the International Monetary Fund (IMF) worth US$ 921 million thanks to a loan from the Development Bank of Latin America (CAF), it was reported in Buenos Aires.

  • Friday, December 15th 2023 - 10:50 UTC

    Argentine granted CAF loan to face IMF maturities

    Milei did ask for the release of a US$ 6 billion swap agreed upon with former Economy Minister Massa

    The Argentine Government of President Javier Milei has been granted a loan of nearly US$ 1 billion by the Development Bank of Latin America and the Caribbean (CAF) to face maturities with the International Monetary Fund (IMF) later this month.

  • Wednesday, January 6th 2021 - 09:50 UTC

    Latin America needs a financing boost to restart the economy

    A global recovery needs to take into account the needs of emerging countries, whose economies are some of the hardest hit by the pandemic.

    By Luis Carranza Ugarte – The president of CAF, the Development Bank of Latin America, says the post-pandemic era is the perfect opportunity for investment in the region’s infrastructure.

  • Thursday, April 25th 2019 - 08:09 UTC

    Closer ties between China and the Development Bank of Latin America

    CAF CEO Ugarte said he thinks BRI has “a clear ambition to create opportunities for the strategic integration between China and Latin America and the Caribbean”

    The head of a top Latin American financial institution believes China's Belt and Road Initiative, or BRI, could help inject new dynamism into the world economy, as well as generate new ideas to foster more connectivity between Asia and Latin America. Luis Carranza Ugarte, executive president and CEO of CAF－Development Bank of Latin America－is attending the second Belt and Road Forum for International Cooperation in Beijing this week.