Panama: $100 million for Energy Sector

The IDB will grant a $100 loan for the renovation and diversification of the Panamanian energy sector.

Friday, March 20, 2009

According to Mipunto.com, the press release from the Inter-American Development Bank (IDB), said: "Under the loan terms, Panama undertook to consolidate the energy sector's institutional capacity, including personnel training to adopt and implement consistent energy policies."

The IDB loan is from a special line of credit for Latin American countries to adapt to the search for alternative energy sources.

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