IADB to Lend Peru $950 Million Through 2012, Andina Agency Says
The bank will lend Peru $450 million this year and $500 million in 2012, country manager Fernando Montenegro told Andina. Loans in 2011 will include $300 million for state projects and $150 million for private industry, according to the agency.
The lender will also provide Peru with as much as $30 million in donations, Andina said.
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