FONPLATA receives US$130-million funding
In times when joint efforts are needed to contain the effects of the COVID-19, FONPLATA received US$130 million from the reserves of the Central Bank of Uruguay (BCU) to support the development bank's response to the impact of the coronavirus. Recently, FONPLATA set up a COVID-19 Emergency Line to...
Uruguay Received Non-Reimbursable Funding from FONPLATA to Fight the COVID-19
The Development Bank granted Uruguay US$200 thousand to purchase medical supplies to address the situation caused by the COVID-19. In the face of the health emergency, FONPLATA made available to Uruguay, as well as to the other member countries, different lines of economic support to reinforce the...
Uruguay will receive US$15 million from FONPLATA to assist micro and small enterprises affected by the COVID-19
The Development Bank approved a US$ 15 million loan aimed at alleviating the transitory impacts of the health emergency on micro and small enterprises in Uruguay. The fund will be executed by the National Development Agency (ANDE) and seeks to support the most vulnerable entrepreneurs in Uruguay's...
An injection of solidarity to overcome the pandemic
The effects of the COVID-19 on the economy can only be overcome with creative solutions and the efforts of all Juan E. Notaro FONPLATA Executive President As I write these lines, I am working from home, like almost one third of the world's population, complying with the lockdown and social...
FONPLATA granted more than $53 million to Argentina to address the effects of the COVID-19
The Development Bank approved a new loan of 12 million US dollars for a support program for local assistance to deal with the health emergency caused by the coronavirus pandemic. This new loan to Argentina adds to the 25 million US dollars delivered to strengthen actions aimed at alleviating the...