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World Bank/Argentina agree on new Strategic partnership: 3bn dollars in loans

Friday, October 11th 2013 - 07:21 UTC
Full article 12 comments

The Argentine government and the World Bank agreed on Thursday in Washington on a new Strategic Partnership involving an estimated 3 billion dollars in the next three years which will concentrate on loans for education, health care and rural development. Read full article

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  • golfcronie

    I wonder how much will go to help the needy after everyone in Government has taken his/her share. CFK will probably say to Lorenzina, “well done I hope you used my ilhealth as an excuse, your share is US$ 2million, but my share is US$ 5 million, you mustn't get above your station” Is that how it works in Argentina?
    Answers to Senior Boudou, Casa Rosada, Buenos Aires

    Oct 11th, 2013 - 07:58 am - Link - Report abuse 0
  • Monkeymagic

    Dont forget a loan to Argentina is seen as a gift by them..they have no intention of ever repaying, and see your gift as a sign of weakness.

    Oct 11th, 2013 - 08:07 am - Link - Report abuse 0
  • Welsh Wizard

    Is this one of those loans which other countries can vote against?

    Oct 11th, 2013 - 08:42 am - Link - Report abuse 0
  • Ahab

    Well, I see they have sorted out the CFK retirement fund.

    Oct 11th, 2013 - 10:24 am - Link - Report abuse 0
  • yankeeboy

    Announcing is not disbursing.
    I don't see these loans being disbursed until Arg pays up/cleans up all of their financial mess with the USA/Repsol/Paris Club/ICSID
    Time is not on Argentina's side.

    Oct 11th, 2013 - 12:00 pm - Link - Report abuse 0
  • ChrisR

    I am confused as to why the WB is even considering talking to this bunch of thieves.

    It's beyond me apart from the WB have got the “Social Inclusion” virus so prevalent in SA.

    Perhaps the full board will reject this “loan” in December.

    Oct 11th, 2013 - 04:34 pm - Link - Report abuse 0
  • yankeeboy

    It is The WB mission to “try to” alleviate poverty and they always get paid back.
    I am sure The USA won't let funds be disbursed until everything I mentioned above is fixed to their satisfaction.
    I think they wanted to release something positive with something negative ( paying ICSID awards)

    Oct 11th, 2013 - 04:53 pm - Link - Report abuse 0
  • geo

    what a disintelligente article ,

    World Bank has been only a demode infrastructure finance mechanism, can not be a country strategic partner.

    Oct 11th, 2013 - 06:49 pm - Link - Report abuse 0
  • ChrisR

    8 geo

    Let me guess from your comment: you are an Argentine?

    Oct 11th, 2013 - 07:16 pm - Link - Report abuse 0
  • Think

    TWIMC

    U$S 3,000,000,000 World Bank loans for Argentina.
    http://www.ambito.com/diario/noticia.asp?id=710988

    Buenos Aires Stock Exchange up 1.5% today…, up 4% yesterday…., up 80% since the 01/01/2013….
    http://www.ambito.com/diario/noticia.asp?id=710988

    IMF recommends political control over finance markets. (”The Argie way” ;-)
    http://www.ambito.com/diario/noticia.asp?id=710988

    Think is happy......

    Oct 11th, 2013 - 08:06 pm - Link - Report abuse 0
  • yankeeboy

    10> You still would have been better off “investing” in sugar.
    bahahaha

    Oct 11th, 2013 - 10:20 pm - Link - Report abuse 0
  • St.John

    @ 6 ChrisR “I am confused as to why the WB is even considering talking to this bunch of thieves.”

    - ever heard of corruption?

    Oct 12th, 2013 - 04:39 am - Link - Report abuse 0

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