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Even though Christmas is this coming weekend, the week ahead will feature a number of economic releases.

The funding calls for CAF to develop the project jointly with German development bank KfW.

"Today, more than ever, we need more inclusive, competitive, efficient, and sustainable cities," said CAF head Enrique Garcia.

Although small and medium-sized enterprises (SME) are the main driving force behind the economy of Latin America and the Caribbean, their main barrier to growth is a lack of access to resources. The financing gap for SMEs in the region is estimated at between $210 billion and...