MercoPress. South Atlantic News Agency
New World Bank delegate in Argentina; 'country strategy' to be considered next month
The World Bank board of directors will be discussing sometime next month a new aid program for Argentina focused on combating poverty, but the loans approval can't be expected until next year, according to the bank's new representative in Argentina, Jesko Hentschel. Read full article
Comments
Disclaimer & comment rulesLip service and more of our money going into the pockets of the corrupt state of Argentina. When will the World Bank realise this and put a stop to it.
Aug 30th, 2014 - 07:23 am - Link - Report abuse 0I wondering how much Aid the UK will provide. I am also wondering Why? Surely any money could be better spent else where, either home or abroad? We know the Argentine officials will try to 'trouser' as much of it as they can.
Aug 30th, 2014 - 09:06 am - Link - Report abuse 0Surely only a dumbass would lend momey to Argentina these days? But then yes- Brussels is packed full of Dumbasses each with ther heads well up the others.
Aug 30th, 2014 - 09:47 am - Link - Report abuse 0(3) Islander1
Aug 30th, 2014 - 10:06 am - Link - Report abuse 0Brussels?
What has Brussels to do with the World Bank?
Geography has never been your forte..., I reckon.
From what I hear every donor nation at IDB WB is putting holds on all arg projects and disbursements. I doubt they'll see a dime while cfk is around.
Aug 30th, 2014 - 10:22 am - Link - Report abuse 0Argentina!
Aug 30th, 2014 - 11:17 am - Link - Report abuse 0What poverty?
A decade won, remember.
No organization should loan money to this state if they don't first attempt to curtail pilfering of the public treasury, it would be irresponsible and counter-productive.
Aug 30th, 2014 - 11:29 am - Link - Report abuse 0If the interest in combating poverty is sincere, then getting rid of pilfering would be the best thing for that.
The WB should insist Argentina return to IMF audits. This would show the pilfering and be a productive first step in the only direction that country needs.
Very simple. Fix the default then...no audit no loans. No one can get credit without a review....countries should be no different. Of course audits guarantee nothing as they are random samplings of a point in time.
Aug 30th, 2014 - 11:44 am - Link - Report abuse 0WTF!
Aug 30th, 2014 - 11:47 am - Link - Report abuse 0Says it all really.
“Country Strategy”
Aug 30th, 2014 - 02:03 pm - Link - Report abuse 0?????
pull it all down and start again? Put in the a similar administration that Great Britain ruled India with?
And I do mean an actual British administration, run by the British at a cost to Argentina of course.
It is the only way to save the damn place.
Not a penny. Doesn't the UK already see things the same way as the US? The World Bank has 188 members. How much money will South Korea, Turkey, Mexico, Singapore, Greece, Brazil, India, and Spain be putting up? No contribution, no vote.
Aug 30th, 2014 - 02:14 pm - Link - Report abuse 0A failing business might bring in some external management consultants for a few months in order to get back on track.
Aug 30th, 2014 - 02:28 pm - Link - Report abuse 0Argentina desperately needs some external advisors to come in for a few years. Slap the unions about, whip the civil servants in to shape and imprison any politician/functionary that can't prove their financial history to be squeaky clean.
Politicians only allowed to debate and vote on minor social and cultural issues, never on the economy or foreign policy.
After a few years it could be slowly handed back in carefully managed stages. Any messing about and you will dealt with by Conqueror.
No squealers allowed!
Not that acquainted with the peronist manifesto but where is being a slave debtor nation codified into it? This is the rub. Cretina, if rotting roadkill is such a great enterprise with limitless resources resources - natural and human - and peronism is a such a superior method of organizing and administering - why don't you miraculously bootstrap the economy into the first world? Why? Because peronism is DOA. I'm going to do a quick tabulation of all the nations that borrowed their way into properity. OK. Zero. So, when you get your check in the mail starting skimming as much as possible, give the masses bread and beer and the arena and start posturing for you chapter of victimhood.
Aug 30th, 2014 - 03:25 pm - Link - Report abuse 0@12 ilsen
Sep 01st, 2014 - 06:23 am - Link - Report abuse 0“Argentina desperately needs some external advisors to come in for a few years.” Not a bad idea BUT Argentina already blames everybody else for its shortcomings!
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!