Argentina turns to World Bank during health crisis

Argentina turns to World Bank during health crisis

Economy & Policy Loans Debt Corporate & Sovereign Strategy Argentina Latin America Coronavirus

Argentina received approval for a $300 million credit from the World Bank on Wednesday to strengthen its social welfare system and take steps to minimize the impact of the coronavirus pandemic on low-income households.  Argentine President Alberto Fernández announced the loan after holding a videoconference with Axel van Trotsenburg, managing director of operations at the World Bank.  The credit is the first of several from the multilateral lender to help Argentina deal with the coronavirus cr

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