CAF provides $500 million loan to support Panama's agricultural sector

In a major financial initiative, the Latin American Development Bank and the Caribbean (CAF) provided a $500 million loan to the National Bank of Panama. This funding aims to support women-led enterprises and the agricultural sector, which is currently facing challenges due to the El Niño phenomenon. The loan will assist around 3,300 small and medium-sized businesses, with a significant portion allocated to agricultural activities and green projects.