Cuenca deep in debt from Tranvia

Published on February 11, 2019
According to a recent report presented to the Municipality’s Finance Committee, the local government of Cuenca had over $137 million in outstanding debts to multiple banks and other creditors at the end of the third quarter in 2018. Among those creditors are: the Development Bank of Latin America, CAF (almost $52 million); the government of […]

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