Overview
- The IDB said it expects to finish the year with five new public-sector loans totaling US$2.9 billion to back structural reforms.
- An additional US$1 billion will be channeled through BID Invest for energy, critical minerals, connectivity, health services and SME financing.
- The plan is framed within a Country Strategy that envisions up to US$10 billion for Argentina over three years in coordination with the IMF and the World Bank.
- The announcement coincided with President Javier Milei’s U.S. visit, and Finance Minister Luis Caputo publicly thanked IDB president Ilan Goldfajn.
- Coverage also noted a separate World Bank move to accelerate up to US$4 billion in the coming months to reinforce Argentina’s reserves.