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IDB to Advance $3.9 Billion for Argentina Over Next 15 Months

Support blends sovereign loans with private investment under an IMF-aligned program.

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.