Argentina to take out loan for innovation

Argentina to take out loan for innovation

Corporate & Sovereign Strategy World Bank Economy & Policy Loans Argentina Technology

Argentina said Friday that it approved plans to borrow up to $200 million from the International Bank for Reconstruction and Development (IBRD) for a program to help boost innovation in the country. The government said it will use the money from the 32-year loan to support companies developing technology, as well as for setting up ecosystems for financing entrepreneurs and innovation and beefing up the institutions and policies that promote entrepreneurship, innovation and digital transformation

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