US EditionWorld Bank Says Will Accelerate Support for Argentina
14 Articles
14 Articles
World Bank commits $4 billion to Argentina’s anti-austerity agenda
The World Bank said it would commit as much as $4 billion to support Argentina’s anti-austerity agenda, offering a much-needed reprieve to its economy following weeks of turmoil. The lender said investments would focus on key sectors including mining and energy. The peso jumped by around 5% following the announcement. The news comes as US President Donald Trump said he would back Buenos Aires’ free-market overhaul, though few details were provid…
The international entity reported that it will allocate resources to mining, tourism, energy and SMEs in the coming months
The World Bank will advance loans of up to $4 billion for our country, aimed at mining and critical minerals, tourism, access to energy and financing for SMEs, as part of a support package for sectors considered strategic. Economy Minister Luis Caputo thanked the support: “Thanks to the World Bank and ...
The World Bank announced on Tuesday that it will accelerate its monetary assistance to Argentina with the disbursement of a total of $4 billion in the coming months. Thus, the government added new financial support following statements of support from the US government. According to Economy Minister Luis Caputo, the package will aim to “support key engines of competitiveness,” such as mining, tourism and financing for SMEs. “This step advances o…
The agency reported that they will be disbursed "in the coming months" as "a contribution to the reform of the country and its growth agenda"
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