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MercoPress, en Español

Montevideo, October 18th 2025 - 00:49 UTC

Tag: World Bank

  • 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%.

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  • 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.

  • Thursday, October 24th 2024 - 10:22 UTC

    World Bank endorses Brazil taxing health-harming products

    “Brazil has a valuable opportunity to improve public health and economic outcomes through strategic taxation,” the WB said

    According to a statement released Wednesday by he World Bank (WB), South America's largest country has “a unique opportunity” to improve public health by properly planning taxes on products such as tobacco, alcohol and sugary drinks that are known to be potentially harming to humans, Agencia Brasil reported. The organization also listed a series of technical recommendations on how to structure and apply these taxes “in order to make significant progress in public health and tax revenue.”

  • Wednesday, October 23rd 2024 - 10:56 UTC

    World Bank announced US$ 2 bn loans for Argentina

    Jaramillo made the announcement Tuesday on X

    World Bank (WB) Vice President Carlos Felipe Jaramillo announced Tuesday on X that his entity was “ready to accompany Argentina with more than US$ 2 billion in new loans in the areas of social protection and education and in supporting the poorest in their access to transportation and energy.” He made those remarks after a “very good meeting” with Argentina's Economy Minister Luis Toto Caputo in Washington DC.

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