The CAF approved a credit for $ 150 million for Ecuador
Posted On 05 Jul 2017
In the framework of the CLX meeting of the Board of Directors of the CAF (Development Bank of Latin American), which is being held in Santa Cruz (Bolivia), a loan of $ 150 million was approved for Ecuador.
A statement from the Ministry of Finance indicates that the resources will serve to support energy projects that are part of the energy matrix and the development of the Electrification Master Plan (PME).
Minister of Economy and Finance Carlos de la Torre, who attends the international meeting, said that the support of the Development Bank of Latin America is important to promote growth in the region. (I)