our contribution
currently
In 2017, two of the approved operations were to finance investment projects with a sovereign guarantee. The first one was in transport to finance a program for the rehabilitation and maintenance of road networks in the department of Montevideo. The second one was to finance part of the second phase of Uruguay’s Potable Water and Sanitation Systems Improvement and Rehabilitation Program.
A partial credit guarantee without sovereign guarantee was approved for the design, construction and operation of the country’s road infrastructure. This is the first operation under the Financial Trust Debt Fund for Infrastructure in Uruguay- CAF I. The institution created the fund in 2015.
Eleven operations using development cooperation funds were carried out in the amount of USD 0.6 million. This amount was distributed among the following fields of action: institutional development with 42%, social development with 25% and climate change and environment with 22%.
Some of the emblematic development cooperation actions requested by the country during the year were: Strengthening of the Dual High School Training Program; the Training Program in Economics and Finance for Teachers; and the strengthening of public-private partnership initiatives.
