BOGOTA, Oct 11 (Reuters) - Colombia will seek up to $2
billion in World Bank financing for 2022 efforts on climate
change, biodiversity, improvements to the healthcare and help
for young people, President Ivan Duque said on Monday.
Duque met in Washington with officials at the bank, which
had already supplied $2 billion in funding for this year for
programs meant to help the Andean country's post-pandemic
"There are four central areas where we hope to have
financing programs in 2022 which will be between $1.2 billion
and $2 billion, where we're talking about issues like climate
change, support on our biodiversity agenda, strengthening the
health system thinking about post-pandemic," Duque told
journalists after the meeting.
"Something else that's important, financing for our youth
agenda, the youth pact, where we have the issue of employment
with a 25% subsidy to the minimum wage and with which we're
reaching close to 80,000 young beneficiaries."
Colombia's central bank in August sold the government $2.79
billion in exchange for local TES treasury bonds, to help shore
up the country's liquidity and budget for this year and next.
The funds came from Special Drawing Rights granted to Colombia
by the International Monetary Fund.
The central bank predicts the economy will grow 8.6% this
year, compared to a contraction of 6.8% last year amid
coronavirus shutdowns. Growth will normalize to 3.9% in 2022,
the bank says.
(Reporting by Nelson Bocanegra
Writing by Julia Symmes Cobb; Editing by Aurora Ellis)