N Touch
Thursday 16 August 2018
follow us
News

Imbert signs agreement

FINANCE Minister Colm Imbert on Monday signed first tranche of a Policy-Based Loan Agreement in the sum of US$180 million with the Corporación Andina De Fomento (CAF) Development Bank. A statement issued by the ministry said the total loan of US$300 million will be used for the implementation of the programme to support Government’s “Medium-term Fiscal Consolidation Strategy – Phase II”, to boost potential growth and reduce the economy’s vulnerability to external fluctuations and volatility of external terms of trade. The CAF is headquartered in Caracas, Venezuela.

Comments

Reply to "Imbert signs agreement"

News