Inter-American Development Bank Grants USD 1.4 mm and 1.1 mm to Paraguay through the Ministry of Finance and to Peru through ASEP and ASOCAJAS

The Inter-American Development Bank’s (IDB) Multilateral Investment Fund (MIF) plans to grant USD 1,400,000 in technical assistance in Paraguay for a program to strengthen the cooperative sector by improving compliance of the regulatory system. Under the Ministry of Finance, the project hopes to transfer knowledge to and train the cooperative sector in general by providing information on best practices to comply with new oversight regulations. Customers of these cooperatives number about 350,000.

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