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Argentina will improve the Buenos Aires Province road infrastructure with a traffic safety and capacity enhancement program supported by a US$200 million loan from the Inter-American Development Bank (IDB).
The program will help boost road traffic quality by enhancing capacity on some segments of the main road network and raising safety standards, which will reduce vehicle operation costs, travel time and the number of accidents. It will also contribute to boosting up spending efficiency, strengthening road assets planning and management processes, improving the road network operation, and providing support to pre-investment provisions.
Implementation of Argentina’s National Strategy for Financial Inclusion
Argentina will also implement a National Strategy for Financial Inclusion with help from a US$20 million loan approved by the Inter-American Development Bank.
Its main beneficiaries will be poor and vulnerable segments of the population with no current access to the financial system, other sectors whose informal source of income precludes them from having an adequate access to financial services, and Micro and Small Enterprises.
Original source: IDB
Published on 29 November 2017