FONPLATA granted an 8-year US$36-million revolving line of credit to the Development Bank of Minas Gerais – BDMG, Brazil, which will be used to fund projects initiated by the municipalities of the State of Minas Gerais. This operation with BDMG (Banco de Desenvolvimento de Minas Gerais) is the first...
The Development Bank approved new disbursement of more than one million US dollars for the purchase of appropriate protective material (face masks, hand sanitizer, coveralls, disposable gloves, sanitary masks, among others) to help strengthen the services needed to guarantee hygiene in Argentine...
The Development Bank granted US$300 thousand to support different programs of the municipalities of Itajaí, Criciúma, Corumbá, and Ponta Porã aimed at purchasing medical supplies and adapting intensive care units. Disbursements are made within the framework of the support lines made available by...
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...
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...