World Bank to loan Argentina over $2 billion for social support


  • World
  • Wednesday, 23 Oct 2024

FILE PHOTO: World Bank Vice-President for the Latin America and the Caribbean Region Carlos Felipe Jaramillo addresses the audience next to Haiti's Prime Minister Ariel Henry, in Port-au-Prince, Haiti May 3, 2022. REUTERS/Ralph Tedy Erol/File Photo

BUENOS AIRES (Reuters) -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.

Carlos Felipe Jaramillo, who heads the World Bank's Latin American and Caribbean division, made the announcement on X as the country's economy minister attends the International Monetary Fund-World Bank summit in Washington.

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