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MercoPress, en Español

Montevideo, May 28th 2026 - 14:34 UTC

Tag: World Bank

  • Saturday, May 16th 2026 - 03:25 UTC

    Venezuela and World Bank agree to define technical cooperation areas after seven-year pause

    According to the official communiqué released after the meeting, both sides “agreed to continue working jointly to define the concrete areas of technical collaboration”

    The Venezuelan government and the World Bank agreed on Friday in Caracas to work jointly on identifying concrete areas of technical cooperation, in the first high-level encounter between the two parties since the resumption of relations announced last month, which ended a seven-year pause in institutional contacts. The meeting was led by acting President Delcy Rodríguez, who received at the Miraflores Palace the World Bank's Vice President for Latin America and the Caribbean, Susana Cordeiro Guerra.

  • Thursday, December 4th 2025 - 11:28 UTC

    World Bank grants loan to Uruguayan green hydrogen project

    Kahirós project is located near Fray Bentos in Uruguay

    The World Bank Group's International Finance Corporation (IFC), has announced its first global investment in green hydrogen, providing a U$20 million loan to the Kahirós project in Uruguay.

  • Monday, October 13th 2025 - 10:29 UTC

    Chile's CPI grows 0.4% in September

    Chile is also the wealthiest country in Latin America in net financial assets per capita

    The Consumer Price Index (CPI) in Chile rose 0.4% in September, matching analyst expectations. This monthly increase caused the 12-month inflation rate to accelerate to 4.4%.

  • Wednesday, September 24th 2025 - 10:35 UTC

    Additional financial help for Argentina announced

    Caputo thanked the World Bank for its efforts

    Following meetings in the United States, including the one between President Javier Milei and his US colleague Donald Trump, the South American country has secured significant financial support from international agencies.

  • Monday, July 7th 2025 - 09:30 UTC

    IMF and WB “a reversed Marshall Plan” says Lula

    “The distortions are undeniable,” Lula said

    Brazilian President Luiz Inácio Lula da Silva Sunday criticized the role of the International Monetary Fund (IMF) and the World Bank (WB) because they represent “a reverse Marshall Plan, in which emerging and developing economies finance the more developed world.”

  • Saturday, May 3rd 2025 - 10:14 UTC

    World Bank grants additional US$ 230 million to Milei's Argentina

    The WB has so far given US$ 1.5 billion to Milei's administration

    The World Bank (WB) Friday approved a US$ 230 million loan for Argentina to enhance job creation and training, supporting the “Promoting Employment” and “Back to Work” programs. This financing, part of a US$ 12 billion three-year package following Argentina’s International Monetary Fund (IMF) agreement, aims to benefit over 800,000 unemployed individuals through training, job search services, and socio-labor skill certification, it was explained.

  • Saturday, April 12th 2025 - 10:44 UTC

    WB and IDB pledge further funding for Milei's Argentina

    The IDB and WB announcements came after the IMF's Board approved a US$ 20 billion loan

    The World Bank (WB) announced Friday a US$ 12 billion financing package for Argentina over three years to support economic stabilization and reforms. Pending board approval, the initiative consists of several contributions as follows:

  • Tuesday, April 1st 2025 - 10:24 UTC

    World Bank Chief due in Asunción after almost 50 years

    Banga is obliging a personal invitation from President Santiago Peña

    World Bank Group (WBG) President Ajay Banga is due in Asunción Tuesday for a historic visit to Paraguay, the first by a man in his position in nearly 50 years since Robert McNamara’s in 1976. Invited by Paraguayan President Santiago Peña, Banga aims to strengthen bilateral ties, focusing on sustainable development, job creation, and private investment.

  • Sunday, February 9th 2025 - 19:28 UTC

    BoE chair fears “fragmentation of world economy” if Trump abandons IMF and World Bank

    “Project 2025” blueprint for Trump's presidency, was authored by figures who are now key White House staff, recommended withdrawal from both institutions

    The Governor of the Bank of England Andres Bailey has urged continued US support for two major global economic institutions. According to a piece published by BBC, Mr. Bailey said he was “following extremely closely” whether the Trump administration would change its support for the International Monetary Fund (IMF) and the World Bank.

  • Thursday, November 21st 2024 - 09:44 UTC

    Argentina gets IDB and WB loans

    These announcements are linked to Economy Minister Luis Toto Caputo's participation last month in Washington at the WB annual meeting, it was reported

    Argentina's Libertarian Government has been granted loans from the World Bank (WB) and the Inter-American Development Bank (IDB) worth around US$ 4 billion, the Economy Ministry in Buenos Aires announced Wednesday. “The IDB and the World Bank approve financing for more than 4 billion dollars for projects in our country,” the ministry said in a statement.

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