Argentina said that it has received $300mn worth of loans from the World Bank; $250mn for the public healthcare system and $80mn for digital services. The debts are repayable over 32Y with grace periods of 7Y and have a floating interest rate. Martín Guzmán, the Economy Minister, had announced that Argentina is planning to borrow a total of $2bn from the World Bank in 2021 to fund programmes for climate change, employment, health care and infrastructure. $420mn had been approved in February, which included $300mn for water services and $120mn for social housing in the province of Buenos Aires.
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