The Inter-American Development Bank has approved a USD43.5 credit line for the improvement of traffic and safety conditions on Nicaragua's national road system. The fund will finance the completion and expansion of road rehabilitation, widening and paving projects that were started under previous loans from the bank.
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About the author
Ivy Mungcal
As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.
