World Bank approves US$ 420 million loan to Argentina for sanitation and housing

Saturday, March 6th 2021 - 09:59 UTC

Full article 2 comments

The World Bank Board of Directors approved a US$ 300 million loan to expand and improve water and sanitation services in Metropolitan Buenos Aires, particularly in the most vulnerable areas. An additional US$ 120 million will be available for the construction of social housing, benefiting nearly 10,000 inhabitants of Buenos Aires Province. Read full article

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kelperabout
Another sum that will never be paid back. Most of which will be siphoned off to fill the fat cats pockets.
When will the world start learning that they are flogging axdead horse.
Yes if this is used as sugested for those in desperate need it will certainly help some of the population worst hit. But we know only to well Argentine rulers are a lot to be desired and will likely mismanage this new loan as they have all the others then cry wolf they cant afford to pay it back. Sound familiar.
Mar 06th, 2021 - 11:50 am - Link - Report abuse 0
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imoyaro
What money is actually distributed will only go to “politically reliable” supporters of the Narcokleptocracy. The rest will go into the usual suspect's pockets
Mar 07th, 2021 - 01:09 am - Link - Report abuse 0
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