World Bank announces $12 billion support package for Argentina

#Americas
#Debt
#Fixed Income Markets
#Economic Indicators
#Emerging Market Countries
#International Monetary Fund
#International Agencies
#Treaty Groups
#South America
#Central America
#Monetary
#Fiscal Policy
#Policy Makers

#Americas
#Debt
#Fixed Income Markets
#Economic Indicators
#Emerging Market Countries
#International Monetary Fund
#International Agencies
#Treaty Groups
#South America
#Central America
#Monetary
#Fiscal Policy
#Policy Makers

FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo

Source: X06550

The World Bank on Friday announced a $12 billion support package for Argentina to support economic reforms and boost government measures to promote job creation.

The support package for Argentina signals "a strong vote of confidence in the government’s efforts to stabilize and modernize the economy," the bank said in a statement.

This article was produced by Reuters news agency. It has not been edited by Global South World.

By Reuters

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