On April 11, 2025, the World Bank Group approved a substantial $12 billion support package for Argentina, signaling strong international confidence in the country’s economic reform agenda.
This financing aims to bolster Argentina’s efforts to stabilize and modernize its economy, attract private investment, and promote job creation. The package is part of a coordinated international response, complementing a $20 billion Extended Fund Facility from the International Monetary Fund (IMF) and additional support from the Inter-American Development Bank. citeturn0news12.
Key components of the World Bank’s support include:
- Strengthening fiscal policies to ensure economic stability.
- Enhancing the flexibility of the monetary and foreign exchange systems.
- Implementing measures to attract private investment and stimulate job creation.
These initiatives are designed to reinforce Argentina’s ongoing strategies to revitalize growth and employment, providing a foundation for sustainable economic development.
Source: World Bank