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Argentina Injects $190M Into CAF

11-05-2009 | Source: emii.com

People & Companies in the News

The Argentine government has infused $190 million into the Andean Development Corporation (CAF), The Wall Street Journal reports. Argentina has received a total of $1.99 billion in loans from CAF for infrastructure and the financial system, since 2001.

Venezuela-based CAF had received its first investment of $543 million from Argentina in the year 2007. The nation had joined CAF as a shareholder in 2001.

Click here for the story from The Wall Street Journal.

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