IDB Group, CAF reaffirm cooperation to boost Peru’s economic development

Photo: Ministry of Economy and Finance of Peru
August 26, 2026

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IDB Group, CAF reaffirm cooperation to boost Peru’s economic development

that they will continue their financial cooperation efforts to promote economic development, public investment with a high social impact, and technical collaboration during the 2026-2031 five-year period.

In this regard, it was agreed to coordinate efforts to promote the financing and advancement of strategic investment projects in citizen security, transportation, tourism, and nationwide natural gas distribution infrastructure.

Likewise, CAF offered to continue materializing financial and technical assistance aimed at strengthening prevention and mitigation measures in response to El Niño phenomenon.

At the meeting, the strategic work plan to be implemented by the multilateral organization in Peru was addressed. 

It includes the approval and execution of eight new financing operations, as well as the coordination of additional financial support to address climate emergencies.

Regarding both meetings, Cuba noted that the multilateral banks’ firm support for the Peruvian Government, led by President Keiko Fujimori, will strengthen the Executive Branch’s capacity to boost investment and ensure the country’s stability and sustainability.

#NotaDePrensa | ?? CAF y el Grupo BID reafirman su respaldo y cooperación con el Perú para impulsar el desarrollo económico al 2031.

El ministro de Economía y Finanzas, Elmer Cuba, sostuvo reuniones con representantes de ambas entidades financieras internacionales, en las que se… pic.twitter.com/EntmX0MglK

— Ministerio de Economía y Finanzas (@MEF_Peru) August 26, 2026

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