The Uruguayan government has finalized a $250 million loan agreement with the Development Bank of Latin America (CAF) to fund its “Más Barrio” (More Neighborhood) program. The initiative focuses on improving infrastructure and public spaces in underserved neighborhoods across the country. The first $50 million tranche of the loan is currently being utilized in the Cerro Norte and Las Piedras areas. This year, the program will expand to include projects in the cities of Durazno and Rivera. “Más Barrio” aims to address urban development needs and enhance the quality of life for residents in targeted communities. The loan signifies a continued commitment to regional development and infrastructure investment within Uruguay. Officials anticipate positive economic and social impacts from the program’s expansion.