IDB to Provide $10 Billion in Support for Argentina

The Inter-American Development Bank (IDB) will support Argentina with up to $10 billion in financing for the public and private sectors over the next three years, subject to approval by its Board of Executive Directors. This commitment complements the country’s recent agreements with the International Monetary Fund (IMF) and the World Bank.

The three-year package includes $7 billion from the IDB to support the public sector and $3 billion from IDB Invest to boost private-sector activity. In the first year, the IDB expects to deliver $3 billion in sovereign financing, a significant share of which will be disbursed in the coming months; IDB Invest will provide $1 billion for private-sector operations.

This support is part of a broader international effort to support Argentina’s ongoing recovery. Under the 2025-2028 Country Strategy being developed with national authorities, and in line with the IMF program, the IDB will support reforms that build on the country’s efforts to continue improving the efficiency of public spending and create more favorable conditions for private-sector-led development.

IDB President Ilan Goldfajn said, “The IDB is committed to supporting Argentina’s economic program, working closely with the IMF and the World Bank. We are not only coordinating with the government, we are jointly implementing key measures to sustain and strengthen the fiscal discipline achieved under President Milei’s administration, while also promoting private-sector-led development.”

This support reflects the IDB’s determination to support Argentina’s recovery, working with the government, the private sector, and other key partners to deliver results and improve lives.