WASHINGTON, D.C., April 11, 2025 - The World Bank Group (WBG) Board of Executive Directors approved today US$1.5 billion in financing for Argentina that will support policy measures to help foster private sector-led growth and job creation while protecting the most vulnerable.
The World Bank's Development Policy Financing (DPF) operation will provide direct, rapid-disbursement budget support and is closely aligned with Argentina's reform priorities and long-term development goals. Argentina has launched a bold set of reforms to modernize its economy and reduce red tape, while protecting the most vulnerable, which are crucial steps toward unlocking its full potential.
The operation is structured around two pillars:
1. Enhancing fiscal sustainability and protecting vulnerable populations: This includes improving social transfer programs to better support vulnerable households, making the tax system more progressive, and streamlining energy subsidies.
2. Boosting trade and investment competitiveness: This involves advancing public policies that increase agro-industrial productivity, enhance competitiveness, attract investment, facilitate trade, and promote private sector investments.
This DPF operation is part of a comprehensive US$12 billion package, also announced today, which underscores the World Bank Group's commitment to supporting Argentina's reform path and helping the country unlock long-term growth and job opportunities. The package will be implemented over the next three years, subject to approval by the World Bank's Board of Executive Directors, and forms part of a broader international effort that includes the IMF and the Inter-American Development Bank.
