World Bank announces $12 billion support package for Argentina

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A participant stands near a logo of the World Bank at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS
(Reuters) – 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.

Reporting by Costas Pitas and Ismail Shakil

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