Argentina Secures $400M WB Loan

Argentina has secured approval for a $400 million loan from the World Bank.

Argentina has secured approval for a $400 million loan from the World Bank, Reuters reports. The loan is scheduled to mature in 27 years and also includes 6.5 year grace period.

The credit facility will be used to extend healthcare to 10 million uninsured residents in the South American country. The project will support maternal and child care, sexual health and reproductive health services, with preventive and more complex services.

Click here for the story from Reuters.