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SPA Initiative Announcement: Global Hub for Debt Swaps for Development ...
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Spain and Cuba today launched a medium- and long-term Debt Conversion Programme, with the objective of mobilizing up to 375 million euros to finance projects. The purpose of this agreement is to promote sustainable development programmes in key sectors such as energy, water or food security, among others. The post A window to development: Spain and Cuba activate Debt Conversion Programme first appeared on Cubadebate.
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juventudrebelde.cuSpain and Cuba launched today a medium- and long-term Debt Conversion Programme, with the aim of mobilizing up to 375 million euros for
#Spain opens a minimal breathing space for the #Cuba regime: it forgives part of #Havana's enormous debt and mobilizes up to 375 million euros "to finance sustainable development projects."
This is a counter-value fund agreed in 2016 and now made effective through sustainable development projects
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