One of the objectives of the trip to Washington made by part of the economic team is to raise funds to reinforce the reserves of the Central Bank (BCRA). This Tuesday he made the first announcement in that regard.
Report by Liliana Franco.- He World Bank (WB) is ready to accompany Argentina with more than US$2 billion in new loans that will be allocated to the areas of social protection and education. Likewise, they will seek to support the poorest in their access to transportation and energy. This was achieved within the framework of the mission headed by the Minister of Economy, Luis Caputoin Washington.
This was reported through social networks by vice president for Latin America and the Caribbean of the World Bank, Felipe Jaramillo, who highlighted in a post on his X account (ex Twitter) that the meeting with Caputo had been “very positive” and stated that “the World Bank is ready to accompany Argentina with more than US$2 billion in loans ” for the areas of social protection and education and to support the poorest in their access to transportation and energy.
Now, The approval of these credits by the World Bank board of directors is missing.but the entity’s commitment is an important announcement for the Government given that one of the main objectives of this mission to the US is to obtain new financing. It is within this framework that they met with the authorities of an international organization.
Caputo’s agenda in the US
They participated in the meeting between the international credit organization and the Argentine delegation. Anna BjerdeManaging Director of Operations at the World Bank, Marianne Faydirector of the entity for Argentina, Paraguay and Uruguay, and Alfonso García Moravice president of the International Finance Corporation for the region.
It is worth remembering that the Minister of Economy and a small team of officials are already in Washington to participate in the Summit of the International Monetary Fund (IMF) and the WB on a trip that also includes contacts with investors and officials from the Inter-American Development Bank. (BID) and FONPLATA.
Caputo will be part of the meeting of the Council on Foreign Relations (CFR)the organization that aims to offer foreign policy ideas to its members, government officials and business executives and with their G20 peers in a panel that will discuss the international economic situation and the macroeconomic outlook for the coming year.
Source: Ambito
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