Wednesday June 26, 2019
The Undersecretary of International Financial Relations, Ministry of
Finance, together with officials from the Federal Trust Fund for Regional
Infrastructure (FFFIR) and the Inter-American Development Bank (IDB),
defined under the Federal Program Regional Transport Infrastructure,
conditions transfer of resources from external financing.
The total amount of the program is USD 300 million, which will be financed
entirely by the IDB, in order to contribute to improving the
competitiveness of the provinces and regional development. From the
strengthening of state policy, which encourages the promotion of economic
and social development for the country's integration, the FFFIR was
consolidated as a tool for flexible, reliable and affordable financing.
This operation is aligned with the objectives of government, specifically
the National Road Plan, which aims to build 2,800 additional kilometers of
highways, 4,000 kilometers of...