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Argentina lines up employment training loan

Argentina lines up employment training loan

April 19, 2022 | Charles Newbery
Government plans to borrow $250 mln from IBRD to fund job training programs

Corporate & Sovereign Strategy Economy & Policy Loans World Bank Argentina

Argentina said Monday that it approved plans to borrow up to $250 million from the International Bank for Reconstruction and Development (IBRD) for a job training program. The labor ministry will oversee the use the funds to expand job training and certification for men and women without tertiary education, according to a presidential decree. The government did not provide details on the loan from the IBRD, part of the World Bank. Argentina has been borrowing more from development banks since it

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