Overview

• The project-by-results loan carries a seven-year grace period and a 32-year repayment term tied to performance.
• Disbursements will depend on ARCA meeting milestones in automating processes and prefilled tax form implementation.
• Funds are earmarked to simplify procedures, improve taxpayer information access and reduce administrative burdens.
• Recent ARCA system outages have accelerated efforts to stabilize platforms before rolling out new digital services.
• This credit complements an earlier $800 million IDB loan and supports Argentina’s broader strategy to enhance fiscal compliance and attract private investment.