The Argentine government obtained a new loan from the World Bank.
While the government is waiting for the International Monetary Fund (IMF) to make official the change in the reserves accumulation target for this year, the World Bank Board of Directors approved two new loans for the country, for a total amount of US$450 million.
The multilateral organization's decision will result in US$300 million to reduce secondary school and higher education dropout rates and US$150 million to support planned urban growth that will allow more inclusive access to housing.
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