Government of Costa Rica Takes Out Loans It Doesn't UseInterest and fees are paid for $781 million in outstanding loans, of which only $41 million have been used, 5% of the total.Tuesday, October 1, 2013
The country pays interest and fees for a total of nine loans that have hardly been used. "Up until August, the Government paid a total of $3.8 million in commitment fees and interest on loans that were first implemented in the last four years ...", reported Nacion.com. Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?Costa Rica: $500 Million to Finance Public SpendingMay 2021 The Inter-American Development Bank approved two lines of credit totaling $500 million, resources that will be used by the Government to finance the public budget and policy reforms to ensure fiscal sustainability and maintain macroeconomic stability. Honduras: $1.254 billion available in loansMarch 2012 The IDB, CABEI, and the World Bank top the list of the seven financial institutions that together have pledged a total of $3.189 billion in loans for the development of public works. Costa Rica Could Receive Up To $1,060 million from the IDBAugust 2011 The Inter-American Development Bank has approved a new Country Strategy, which has a financial framework of between $700 and $1.060 million for the period 2011-2014. Costa Rican company wins US$1.2 million loan from IICMay 2008 Ampo, a Costa Rican manufacturer of office supplies, has received a US$1.2 million loan from the Inter-American Investment Bank (IIC), the private-sector branch of the Inter-American Development Bank.
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