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Economy

IADB grants Colombia $844 million loan

by Adriaan Alsema March 21, 2010

Colombia news - Oscar Ivan Zuluaga

The Inter-American Development Bank on Saturday agreed to lend Colombia $844 million to invest in several government programs.

According to Colombian Finance Minister Oscar Ivan Zuluaga, the money was approved to be spent on programs to improve mobility and competition in the country and help to government programs to help the millions of displaced people in Colombia.

Zuluaga was granted the loan in a meeting with IADB president Luis Alberto Moreno Mejia in Cancun, Mexico, where the bank is holding a summit.

economyforeign investmentIADB

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Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion