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Argentina Approves $100 Million BCIE Loan for Tarjeta Alimentar

Officials characterize the financing as low impact on external accounts with costs below market alternatives.

Overview

  • Decree 687/2025, published in the Official Gazette, authorizes the loan and is signed by President Javier Milei, Chief of Cabinet Guillermo Francos and Economy Minister Luis Caputo.
  • The Ministry of Capital Humano will execute the program through the Secretariat for Children, Adolescence and Family and the Secretariat of Legal and Administrative Coordination.
  • The funds are allocated across four components: support for the benefit, external audit, contingencies and the BCIE commission.
  • The loan follows BCIE model contract No. 2355 and carries a term of up to 20 years with up to 5 years of grace from the first disbursement.
  • The Economy Minister is empowered to make limited contractual adjustments that do not raise the amount, change the purpose of funds or alter the agreed arbitration process.