Strong support for public investments in Colombia
CAF approved a USD 500-million loan to provide budgetary support to Colombia and for the implementation of strategic, high-impact public policies for the nation
CAF—development bank of Latin America—approved a loan in favor of Colombia in the amount of up to USD 500 million for the purpose of funding the Public Investment Support Program to be implemented through national, regional and local agencies.
“It is not only about providing budgetary support to the country, but also about building capacities to structure and implement high-impact projects for Colombia’s development,” said Enrique García , CAF executive president.
He also noted that the loan is aligned with CAF’s strategy of prioritizing institutional strengthening projects and supporting governments in the region in improving their capacity to manage and implement public funds effectively and efficiently to achieve the expected benefits of the investment.
CAF's more recent content
![CAF Board approves Antigua and Barbuda’s membership CAF Board approves Antigua and Barbuda’s membership](/media/4669629/538a9410.jpg)
CAF Board approves Antigua and Barbuda’s membership
This incorporation is in addition to the Board’s approval in March 2024 of The Bahamas, Dominica, and Grenada. CAF is on track to become the development bank with the largest presence in the region, which will result in increased support for green and sustainable development projects.![CAF allocates USD 200 million to intervene 3,370 km of roads in Peru CAF allocates USD 200 million to intervene 3,370 km of roads in Peru](/media/4669627/538a0336.jpg)
CAF allocates USD 200 million to intervene 3,370 km of roads in Peru
This financing will support the improvement of 3,370 km of roads, promoting efficient infrastructure and logistics services in regions with export and productive potential.![CAF approves USD 500 million to expand Chile's rail network CAF approves USD 500 million to expand Chile's rail network](/media/4669630/538a0397.jpg)