NewsWhore
07-07-2011, 02:50 PM
Hacienda Minister Daniel Toribio and director general of the French export credit agency, Agence Francaise de Developpement (AfD), Jacques Moineville have signed a financial agreement to provide US$230 million for the construction of the second line of the Metro. As reported in Diario Libre, this will be a soft loan with a 0.50% Libor interest rate of 1.50%, a 20-year repayment plan and a five-year grace period.
The French Development Agency is a government entity that helps finance urban development and infrastructure projects implemented by foreign governments.
More... (http://www.dr1.com/index.html#2)
The French Development Agency is a government entity that helps finance urban development and infrastructure projects implemented by foreign governments.
More... (http://www.dr1.com/index.html#2)