Asunción, IP Agency.- The Southern Regional Manager of the Development Bank of Latin America and the Caribbean (CAF), Jorge Srur, announced that with the investment grade the multilateral organization will provide better financial conditions to the Paraguayan Government for its projects.
The support of the Development Bank of Latin America and the Caribbean (CAF) to Paraguay, the achievement of investment grade and how that will benefit the country were the points addressed by the Minister of Economy and Finance, Carlos Fernández Valdovinos, and the Regional Manager South of the CAF, Jorge Srur, in a meeting at the ministerial headquarters.
At the end of the meeting, the representative of the multilateral organization announced that with the Investment Grade the CAF will provide better financial conditions to the Paraguayan Government for its projects.
“There will also be opportunities for other organizations to improve their conditions in everything that involves the mobilization of resources for the development of Paraguay,” he added.
In addition, he commented that they reiterated CAF’s support for Paraguay to the minister. “We have new operations that the country is supporting in the energy and water sector that were recently approved and will be considered by Congress,” he said.
In this context, he highlighted the responsible, active and dynamic management of the country’s fiscal and macroeconomic policy, highlighting the strategy of creating the MEF and proposing a more comprehensive vision of development.
“It is a commitment that has its basic point in the good management of public accounts, but also in the possibility of the MEF having a greater participation in the strategic and sustainable development of the country,” he pointed out.
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