World Bank, IDB grant Argentina $8.8 bln in financing for economic development
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The World Bank and Inter-American Development Bank (IDB) are granting Argentina US$8.8 billion for economic development; announcement made on October 24, 2024; financing includes US$2 billion for social spending, education, transportation, and electricity; US$3 billion for private sector initiatives in mining, renewable energy, health, steel, and aviation; IDB funding includes over US$2.4 billion for social spending and US$1.4 billion for private sector support; Economy Minister Luis Caputo participated in meetings with international lenders in Washington.

#WorldBank #Idb #Argentina #EconomicDevelopment #LuisCaputo #Financing #SocialSpending #PrivateSector #RenewableEnergy #Mining

https://www.nst.com.my/business/economy/2024/10/1124550/world-bank-idb-grant-argentina-88-bln-financing-economic