Peru: US$80mn obtained from Spanish water and sanitation fund

Peru will obtain US$80mn in funding from the water and sanitation cooperation fund, created by the Spanish government. The fund, announced by Spain in November 2007, was launched on 16 May 2008 in Lima, during the Latin America and Caribbean-European Union heads of state summit. Peru will be the first country to receive resources from the fund, which has US$1.5bn to distribute from 2008-12.

Source: BNamericas [subscription site], 20 May 2008