The Development Bank has approved support the “Project: Works for improving and paving the PY-15 road section “Mariscal Estigarribia–Pozo Hondo and the access to Mariscal Estigarribia in the Department of Boquerón in the Republic of Paraguay”. The financing is for more than USD 354 million and will...
In the 19th Meeting of the Governors of the Development Bank, held on November 24, the Governor representing Paraguay, Óscar Llamosas Díaz, was elected to be the President of the Agency. The Board of Governors was held online with the participation of authorities of all FONPLATA member countries...
To be effective, social and economic action must be gender focused Juan E. Notaro FONPLATA Executive President The worldwide spread of COVID-19 has affected women more severely than men, especially in Latin America, where they work mainly in the informal sector of the economy. “Women earn less, save...
In the face of a global synchronous crisis due to the COVID-19 pandemic, countries around the world continue to work to contain the spread and growing impact of the virus. The deterioration of economic projections and its unparalleled impact underscore both the necessity of implementing a series of...
FONPLATA – Development Bank has granted a USD 36 million revolving loan facility with an eight-year repayment term to the Banco Nacional de Fomento (BNF, National Development Bank), an important government agency present nationwide. The loan will be used for funding small and medium enterprises that...