Overview

• The World Bank said it will accelerate support by combining public financing with private investment to deploy up to $4 billion in the coming months.
• The effort targets mining and critical minerals, tourism-driven job creation, expanded energy access, and stronger supply chains and SME financing.
• All proposed operations require approval by the World Bank’s Board of Executive Directors.
• The new resources complement a $12 billion support package announced in April and are framed as confidence in Argentina’s reform program under President Javier Milei.
• President Donald Trump pledged to support an aid package and praised Milei, following a U.S. Treasury signal on September 22 that helped reverse an exchange-rate spike after the peso fell 12.67% in September.