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Colombia, Peru Water Projects Gain IDB Backing

The Inter-American Development Bank will assist Colombia in expanding and improving its water and sanitation services through a $250 million fast-disbursing loan. The loan will be used to improve public financing for water and sanitation, establish regional companies to deliver services, and provide training to personnel. Meanwhile, Peru will also receive some $10 million from the bank for its water resources management reform program. The project will draft and execute policy, institutional, regulatory, and structural reforms to encourage sustainable use of water resources.
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Ma. Rizza Leonzon
As a staff writer, Rizza focuses mainly on business coverage, including key donors such as the Asian Development Bank and AusAID. She covers breaking business news particularly at the ADB and has conducted interviews with specialists from the Inter-American Development Bank, World Bank and other top players in international development. Rizza also contributes to the daily Development Newswire and other Devex publications.