The content has been shared, if you want to share this content with other users click here.
Panama's government has signed three loans totaling US$513mn from Latin American development bank CAF which will be used to build Panama City's metro system line 1, finance state-run water utility Idaan's investment plan, and improve emergency response during natural disasters.
Of the total, some US$400mn will be used to partially finance construction of the metro line, according to a presidential release.
Another US$100mn will go towards expanding Idaan's potable water and sanitation coverage and improving services in Panamá province.
Finally, US$13mn will be used to improve the country's emergency response to natural disasters, the release said.