Argentina Gets 135 Million-Peso CAF Loan for Volcano

Argentina received a 135 million peso ($29 million) loan from CAF, the Latin American Development Bank, to help Rio Negro and Neuquen provinces, which were affected by the eruption of the Puyehue-Cordon Caulle volcano complex in Chile.

The funds will be used to finance repair to damaged inftraestructure in areas that were affected by the eruption, Argentina’s Economy Ministry said in an e-mail statement.

To contact the reporter on this story: Eliana Raszewski in Buenos Aires at eraszewski@bloomberg.net

To contact the editor responsible for this story: Robert Jameson at rjameson@bloomberg.net

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