World Bank to lend 2 billion dollars to Paraguay to boost employment

The World Bank will allocate $2 billion in loans to create jobs and promote development in Paraguay, announced the bank's President, Ajay Banga. The money is aimed at strengthening the development of micro and small businesses and improving infrastructure, Mr. Banga explained at a press conference following a meeting with Paraguayan President Santiago Peña at the Benigno Lopez palace.