The Inter-American Development Bank has agreed to amend the term of a USD300 million multisector credit program of the Inter-American Investment Corp.
The amendment extends the disbursement period for the program to Nov. 20, 2015, according to an IDB news release.
The amendment agreement was signed by IDB President Luis Alberto Moreno and IIC General Manager Jacques Rogozinski.
IIC is part of the IDB Group. Its mission is to encourage the expansion, establishment and modernization of private enterprises across Latin America and the Caribbean.