Santa Cruz de la Sierra gets $50 million credit for road projects

The Municipality of Santa Cruz obtained a credit from the World Bank, for 50 million dollars. The money is for the execution of road works that were left pending in the capital of Santa Cruz. It is a 40-year term and a 10-year grace period that will allow the construction of the drainage channel of the ninth ring that borders the wholesale market, the Metropolitan Park, which recovers the waterfront with sports courts, bicycle paths and reforestation, and the improvement of the city centre with tile replacement.

Chamber of Deputies approves credit of 3,000,000 euros from Cassa Depositi e Prestiti

The Chamber of Deputies, approved the bill to obtain a credit of 3,000,000 euros from Cassa Depositi e Prestiti, aimed at strengthening rural development and food security policies in Bolivia. The soft loan with the Italian financial institution is for 40 years, with 31 years of grace and no interest, in addition to 18 consecutive repayments, the first is 372 months after the date of the first disbursement.