• Kyodo

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The government has agreed with the Inter-American Development Bank (IDB) to boost co-financing over the next four years to build infrastructure in Latin America, the Finance Ministry said Sunday.

Japan has raised its co-financing from $1 billion in fiscal 2012 through 2016 to $3 billion for the period through fiscal 2020 to help accelerate infrastructure development in Latin America in the area of renewable energy and energy efficiency.

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