US EditionWorld Bank to loan Argentina over $2 billion for social support
- The World Bank will loan Argentina over $2 billion for social sectors including education, transport, and poverty battling, announced by Carlos Felipe Jaramillo on X.
- Argentina, led by President Javier Milei, faces high inflation and poverty over 50%, amidst a tough austerity drive.
- Economy Minister Luis Caputo and officials attended the IMF-World Bank summit to discuss a new program with the IMF.
13 Articles
13 Articles
World Bank to Loan Argentina Over $2 Billion for Social Support
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World Bank to loan Argentina over $2 billion for social support
The World Bank is prepared to provide Argentina with more than $2 billion in new loans destined for social security, education, transport, energy and battling poverty, the multilateral lender's regional vice president said on Tuesday.
World Bank announced US$ 2 bn loans for Argentina
World Bank (WB) Vice President Carlos Felipe Jaramillo announced Tuesday on X that his entity was “ready to accompany Argentina with more than US$ 2 billion in new loans in the areas of social protection and education and in supporting the poorest in their access to transportation and energy.” He made those remarks after a “very good meeting” with Argentina's Economy Minister Luis Toto Caputo in Washington DC.
World Bank to loan Argentina over $2b for social support
BUENOS AIRES - The World Bank is prepared to provide Argentina with more than $2 billion in new loans destined for social security, education, transport, energy and battling poverty, the multilateral lender's regional vice president said on Tuesday. Read more at straitstimes.com.
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