December 22, 2010
The World Bank has approved 3 loans worth almost $1.1bn for Argentina. Two
The World Bank has approved 3 loans worth almost $1.1bn for Argentina. Two of the loans, worth $400m and $200m respectively, will be used to improve the water and sanitation system and road infrastructure in Northern provinces. A third loan for $461m will be used to expand clinical coverage and governance to enhance health services in the country. All of the loans have a 26.5-year maturity, a 27-year grace period and a variable interest rate.