Peru will receive loans for around US$100mn from multilateral financial entities in the last quarter of 2009, the economy and finance minister announced Thursday.
German development bank KfW will loan 15mn euros (US$22mn) to co-finance the sanitation sector reform program, state news agency Andina reported.
Housing, construction and sanitation minister Enrique Cornejo said that these resources will be disbursed according to the achievement of goals in the sector.
The goals are related to increasing potable water coverage, improving the management of sanitation firms throughout the country and improving measuring systems, among others.
A second loan for US$25mn will be provided by the International Bank for Reconstruction and Development to finance the second stage of social reforms.
The same bank will lend another US$25mn to be invested in the first stage of an environmental program.
Finally, IDB will loan US$25mn to finance the sustainable energy matrix program.
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