Argentina Secures $8.8 Billion from World Bank and IDB for Economic Support

Reported about 1 month ago

The World Bank and the Inter-American Development Bank (IDB) have announced an $8.8 billion financing package for Argentina, aimed at bolstering the country's economy amidst a prolonged slump. The funding will support social spending, including education and energy costs for the poor, and will also finance private sector initiatives such as renewable energy and mining over the next few years.

Source: YAHOO

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