| Work Detail |
The program, agreed for USD 75 million, will improve drinking water provision services in 28 Buenos Aires municipalities and will benefit 700,000 inhabitants.
Millionaire loan from the IDB for drinking water works
The signing of the agreement with the IDB to improve the drinking water and sanitation service.
The Minister of Finance of the province of Buenos Aires, Pablo López, and the Minister of Economy of the Nation, Sergio Massa, signed a contract for a loan for a total of USD 75 million with the Inter-American Development Bank (IDB). , intended to finance the improvement of the quality and operational capacity of the provision of drinking water services in the province,-
According to what was detailed by the provincial ministry, the agreement will also strengthen the management of Absa (Aguas Bonaerenses) and of the provincial entities linked to the water and sanitation service.
On behalf of the IDB, the Head of Operations in Argentina, Denise Obara, signed the agreements.
On behalf of the IDB, the Head of Operations in Argentina, Denise Obara, signed the agreements.
The program includes works for the readjustment and construction of aqueducts, which will increase the capacity of conducting the water service; the readjustment and construction of arsenic abatement plants, which will make the water drinkable; and the adaptation and construction of cisterns, pumping stations and water treatment plants, which will allow the treatment and storage of water in places where the water service is currently supplied by drilling or has collapsed.
Massa announced that the government will rediscuss the agreement with the IMF and that the exchange market will intervene
Regarding the heading, Minister López spoke, who highlighted the type of loan agreed: “We continue to uphold the responsible financing policy that we started at the beginning of our administration , in which we prioritize international credit organizations, and where the Inter-American Development Bank is very important, as it is one of the main financing organizations in the province”.
Along these lines, the Kicillof government official added: "We are very grateful for the support of the national government and the IDB, in this case to continue advancing in infrastructure works that will allow us to further improve the supply of drinking water in the province, guaranteeing a better quality of life for more than 700,000 Buenos Aires residents”. |
