Overview

• President Javier Milei and Economy Minister Luis Caputo met BID chief Ilan Goldfajn at the Casa Rosada to review the bank’s country strategy and active operations.
• The BID confirmed about US$3 billion in planned disbursements for 2025 within a US$10 billion package through 2028, with US$7 billion for public programs and US$3 billion via BID Invest for private investment.
• Goldfajn announced a regional security commitment of US$2.5 billion over three years and a Rapid Response Task Force that can approve emergency technical cooperation within 15 days.
• While backing the government’s reform agenda, the BID cautioned that fragile international reserves and weak congressional support pose risks to implementation.
• The meeting followed a market slide with the peso under pressure, steep declines in Argentine stocks and bonds, and country risk gauged above 1,000 basis points after the Buenos Aires setback.