$850 million credit for infrastructure in Costa Rica
IDB approved the loan for the repair of highways, bike paths, the airport in the southern zone of the country, and even for the Metropolitan Electric Train.
Tuesday, August 12, 2008
The Legislative Assembly will decide if the country accepts the loan or not.
Interest and fees are paid for $781 million in outstanding loans, of which only $41 million have been used, 5% of the total.
Nicaragua's Parliament approved the receipt of US$65.3 million in loans for highways and health services.
The IDB will make available $ 1.000 million over the next four years to develop infrastructure and energy projects.
The opposition in Congress will not approve a of $60 million BID loan until project plans have been submitted.
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