Argentina accepts another IDB loan

Argentina accepts another IDB loan

Loans Debt Economy & Policy Argentina Politics

The Argentine government has accepted a $600 million loan from the Inter-American Development Bank (IDB) to finance social programs in the country.According to an announcement in the government's official gazette, the money will fund cash transfer and education programs for people below the poverty line, along with subsidies for public transit.The Finance Ministry will administer the funds alongside the Health Ministry, the Education Ministry and the Transport Ministry, the government said. The

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