World Bank approves guarantee-backed financing package for Argentina

BUENOS AIRES - The World Bank Group on Tuesday approved a guarantee-backed financing package to help mobilize up to $2 billion in commercial loans for Argentina, which will help the country reduce its financing costs and strengthen public debt management, the institution said in a statement.

The plan combines two guarantees. The first is a policy-based guarantee from the International Bank for Reconstruction and Development, and the second is a guarantee from the Multilateral Investment Guarantee Agency, the bank said in a statement. The supported commercial loan has a six-year term, with a three-year grace period.

(Reporting by Eliana Raszewski in Buenos Aires, Editing by Matthew Lewis)

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This story was originally published June 16, 2026 at 3:05 PM.