USD 1.650 million to promote digital transformation
By Estudio Chaloupka
The Development Bank of Latin America (CAF) approved seven operations for a total amount of USD 1.650 million that will benefit Argentina, Brazil, Paraguay, Peru and Trinidad & Tobago, in strategic sectors such as digital transformation.The operations were approved at the CLXXV session CAF’s Board of Directors held in Panama City, within the framework of the celebration of the 25th anniversary of Panama's entry into CAF.
CAF’s mission is to promote sustainable development and regional integration by financing public and private sector projects, providing technical cooperation and other specialized services.
"With the support of CAF's shareholders, both the countries and the private banks, are advancing in the renewed agenda to be the Green Bank, of economic reactivation and regional integration. Either with the entry of new countries as full members and with this capital increase, we are strengthening ourselves to provide integral solutions to overcome the obstacles we face and generate opportunities that improve the quality of life of Latin Americans and Caribbean people,” said Sergio Díaz-Granados, the institution’s executive president.
