Tag: World Bank’s International Centre

• Saturday, October 19th 2013 - 16:11 UTC

  Argentina pays 500m dollars and settles pending disputes with private companies

  

  Argentina agreed to compensate five companies that won rulings over investment disputes as the country looks for the World Bank to approve 3 billion dollars in loans. The companies agreed to accept payment in dollar bonds and to reduce the principal amount of their awards by 25%, the Argentine economy ministry said Friday in a statement.