Overview

• The World Bank said it will accelerate up to US$4 billion in the coming months from an existing US$12 billion package, with projects focused on competitiveness and subject to Executive Board approval.
• The Inter-American Development Bank outlined up to US$3.9 billion over the next 15 months combining sovereign lending and BID Invest/BID Lab mobilization within a broader three‑year program of up to US$10 billion.
• U.S. Treasury Secretary Scott Bessent said Washington is negotiating a US$20 billion central bank swap line and is prepared, if warranted, to buy Argentine dollar bonds and provide standby credit through the Exchange Stabilization Fund.
• Bessent also said U.S. officials are working with Buenos Aires on ending a tax exemption for commodity exporters who convert foreign exchange in the official market to bolster reserves and curb peso volatility.
• Markets gained after the announcements, with the peso rising more than 3% and dollar bonds trimming losses, while U.S. political backing for President Javier Milei included a public endorsement from President Donald Trump.