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World Bank to loan Argentina over $2 billion for social support

By Thomson Reuters Oct 22, 2024 | 3:27 PM

BUENOS AIRES (Reuters) – The World Bank is prepared to provide Argentina with more than $2 billion in new loans destined for social security, education, transport, energy and battling poverty, the multilateral lender’s regional vice president said on Tuesday.

Carlos Felipe Jaramillo, who heads the World Bank’s Latin American and Caribbean division, made the announcement on X as the country’s economy minister attends the International Monetary Fund-World Bank summit in Washington.

(Reporting by Walter Bianchi; Editing by)