Government approves request for $400 mn contingent loan from the IDB

The Government issued a Supreme Decree approving the request for a contingent loan of $400 million from the Inter-American Development Bank (IDB). The contingent loan, to be used in case of natural or technological disaster, emergency situation or economic crisis, will be available to the Peruvian State for three years and will then be renewable for three additional years.

Source: La República