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Uruguay to Push on Environmental-Linked Lending at Multilaterals

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Azucena Arbeleche
Azucena ArbelechePhotographer: Santiago Mazzarovich/Bloomberg

Uruguay will push for cheaper multilateral loans for countries that implement strong environment policies, Finance Minister Azucena Arbeleche said, as the country prepares to take over a key committee at the World Bank and the International Monetary Fund.

“This would apply not only for bonds issued in capital markets, but could include loans disbursed by multilateral agencies,” Arbeleche said in an interview at the nation’s embassy in Washington.