Japan to Agree $800 Million Loan to Fund Panama Canal Expansion

JBIC, as the state bank is known, will offer $400 million, and Mitsubishi UFJ and Sumitomo Mitsui will provide another $400 million.

Monday, October 27, 2008

The Japan Bank for International Cooperation, the state-owned overseas lender, said it will sign an $800 million syndicated loan for the expansion of the Panama Canal that will help Japan boost trade with the Americas.
The Panama Canal Authority said last month it would arrange a total of $2.3 billion in loans from overseas lenders for the ...

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IDB offers $400 million for the Panama Canal

September 2008

IDB announced that it is considering offering $400 million to finance the widening of the Panama Canal which will has a total cost of $5.25 billion.

The announcement was made in Washington by IDB president, Luis Alberto Moreno, during the visit of president Martin Torrijos.

$400 million for widening of Panama Canal

October 2008

The Inter-American Development Bank approved a loan today for the widening of the Panama Canal, the biggest infrastructure project underway in Latin America.

"The IDB has been a strong ally of Panama for almost 50 years," said the president of the bank, Luis Alberto Moreno, in a release.

Panama signs $75 million loan with the World Bank

October 2008

The Government signed two loans with the World Banks for heath and educational projects, President Martin Torrijos reported.

The Government of Panama will contribute an additional $25.75 million to the loans in order to implement the health and educational programs.
This loan from the World Bank "ensure the availability of resources and the continuation of social policies so that the country can continue to grow and more importantly close the social gap," the president said.

$100 million for Improvements in Panama's Fiscal Management

May 2013

The World Bank and the Government of Panama have signed off on a $100 million loan to improve the country's fiscal management and increase the efficiency of social protection programs.

From a press release published by the World Bank (WB):

The World Bank and the Government of Panama signed off on Wednesday on a loan agreement for $100 million to support the country's efforts to improve fiscal management and to increase efficiency in the social protection programs "Universal Scholarship", "100 to 70 "and" Network of Opportunities ", which together benefit over 925,000 Panamanians.

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