September 13, 2021 |
Argentina said Friday that it approved plans to borrow up to $250 million from two development banks for projects to fight hunger and help smaller companies improve their competitiveness with digital technology.
The Inter-American Development Bank (IDB) will provide a $200 million loan to help the Ministry of Social Development provide food to people who are struggling to make ends meet in response to the COVID-19 pandemic. Argentina's economy contracted by about 10% last year as a nearly eight-
Government agrees to borrow $200 mln from the IDB and $50 mln from CABEI