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IADB Lends Panama $20 Million for Rural Electricity

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WASHINGTON, DC

The Inter-American Development (IDB) announced approval of a $20 million loan to Panama to finance a rural electrification program that will promote public and private investment to provide service for more than 10,000 rural households, located mostly in very poor remote areas. The project includes a system of subsidies for new investments that will motivate private enterprises to invest in rur