Argentina Gets Lenders to Pledge Help, But No US Firepower Yet
14 Articles
14 Articles
The World Bank announced that it is "accelerating support for Argentina" and to this end will advance the injection of $4 billion.
The international organization reported that it will combine public financing, private investment and capital mobilization to “deploy up to $4 billion in the coming months” in Argentina. The announcement follows the USD 12 billion support package announced in April and is subject to the approval of the agency’s Executive Board. The official communiqué stressed that resources will target key sectors of competitiveness, including the unlocking of …
After the meeting between Donald Trump and Javier Milei, the multilateral entity confirms to expedite the approval of the new programs to finance.
In a day of important signs for the Argentine economy, the Minister of Economy, Luis Caputo, confirmed through his social networks a news of high impact: the World Bank will accelerate the approval of financing for up to 4 billion dollars for the country in the coming months. The announcement is produced in a context of strong political repercussions, only hours after the meeting between President Javier Milei and his American pair, Donald Trump…
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