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IDB grants Argentine US$ 700 mn loan - Vimarsana News

IDB grants Argentine US$ 700 mn loan

Argentina is to receive US$ 700 million to increase the Central Bank's reserves after the IDB Board of Directors agreed Wednesday to a Special Development Financing (SDL) package in light of Superminister Sergio Massa's presence in Washington DC for the annual meeting of the International Monetary Fund (IMF) and the World Bank.