Paraguay received from FONPLATA a non-reimbursable fund to purchase medical supplies

Ph. FONPLATA

The Development Bank granted Paraguay $ 200 thousand US dollars to purchase medical supplies to address the health situation caused by the COVID-19. In the face of the health emergency, FONPLATA made available to Paraguay, as well as to the other member countries, different lines of economic support to reinforce the actions that each nation has been carrying out.

Primarily, the non-reimbursable fund of $ 200 thousand US dollars granted by FONPLATA will be channeled through the Ministry of Public Health and Social Welfare of Paraguay for the purchase of equipment for medical centers treating COVID-19 patients. Additionally, other initiatives to deal with the emergency are being discussed with the Paraguayan authorities.

FONPLATA made available a special funding line to address the emergency of the COVID-19 through special fast-track procedures for approval and disbursement. Additionally, the reallocation of resources from approved loans has been agreed to in order to strengthen the response capacity to face the pandemic more effectively.

Thus, FONPLATA supports the efforts being made by its member countries to face the socioeconomic effects of coronavirus in the region.

04/06/2020

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