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1h ago

World Bank and IDB Fast-Track About $8 Billion for Argentina

The moves re-time existing packages tied to Milei’s reform agenda, with disbursements dependent on formal board approvals.

El organismo internacional agilizará un tramo de un paquete crediticio ya aprobado para el país
AME3520. SANTIAGO (CHILE), 28/03/2025.- El presidente del Banco Interamericano de Desarrollo (BID), Ilan Goldfajn, habla durante una rueda de prensa este viernes, en Santiago (Chile). Goldfajn confirmó que Argentina está trabajando con su organismo créditos para fortalecer las reservas, pero rechazó detallar los montos. EFE/ Elvis González
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Overview

  • The World Bank said it will make $4.0 billion available to Argentina in the coming months from its $12 billion framework agreed in April.
  • The bank outlined four priority areas for the accelerated support: mining and critical minerals, tourism, energy access, and supply chains and SME finance.
  • The Inter-American Development Bank said it will expand operations over the next 15 months, advancing roughly $3.9 billion through public-sector loans and BID Invest.
  • The IDB plan includes five new public operations totaling $2.9 billion this year plus about $1.0 billion via BID Invest, within a broader three-year envelope of up to $10 billion.
  • Officials framed the acceleration as backing for the IMF program and structural reforms, with Economy Minister Luis Caputo thanking both lenders and noting all operations require board sign-off; separate U.S. Treasury financing discussions remain unannounced.