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IDB approves $100m loan for Paraguay to enhance logistics, integrate commerce, and benefit SMEs.
The Inter-American Development Bank (IDB) has approved a $100 million loan for Paraguay to improve its logistics performance and commercial integration.
The 20-year loan, with an SOFR interest rate, is aimed at benefiting micro, small, and medium-sized businesses in the country.
The credit will support policy reforms and is the first in a series of two consecutive loans, designed to strengthen logistics management, boost investment in infrastructure, expand businesses' access to international markets, and promote foreign direct investment.
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BID aprueba préstamo de US$100 millones para Paraguay para mejorar la logística, integrar el comercio y beneficiar a las PYMES.