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IDB Approves $1.2B in Loans to Drive Fiscal and Business Reforms in Argentina
6 Articles
6 Articles
The Inter-American Development Bank gave the green light to two new loans aimed at fiscal sustainability, the business climate and competitiveness. They have a 20-year term.
In the midst of the questionings at the reserve level of the Central Bank of the Argentine Republic (BCRA), the International Monetary Fund (IMF) itself, the Inter-American Development Bank (IDB) granted a loan of US$ 1.2 billion aimed at two taxes."The Inter-American Development Bank (IDB) approved two loans totalling US$ 1.2 billion for Argentina in order to advance key reforms that strengthen its fiscal sustainability, improve the business cl…
The Inter-American Development Bank (IDB) approved on Thursday two loans to Argentina for a total of $1.2 billion with the objective of advancing key reforms that favor fiscal sustainability, improve the business climate and increase the country's competitiveness.This announcement is made in the framework of a program that was announced in April for $10,000 million between 2025 and 2025. Both loans of the entity have a 20-year grace period of 5.…
They are part of the debt package with the agency announced in April.
The Inter-American Development Bank (IDB) approved two new disbursements for Argentina, totalling US$1.2 billion, under the program announced in April for a total of US$10 billion.Both IDB loans have a 20-year term, a 5.5-year grace period and an interest rate based on the Day Guaranteed Financing Rate (SOFR). SEE MORE: Argentina approves RIGI project in lithium and rejects another one with investment from a Chinese companyThere are no details a…
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