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And, yes, I DO take it personally: Argentina back in the loan market
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Sunday, December 18, 2005

Argentina back in the loan market

well, THAT didn't take long...
Just two days after announcing the advance repayment of its 9.8-billion-dollar debt with the International Monetary Fund before year end, Argentina yesterday said it was discussing with the World Bank a three-billion-dollar loan that would finance mainly infrastructure works.

"Now the (World) Bank is considering together with the Argentine government the possibility of a three-billion-dollar three-year loan package of which 80 percent would go on road and sanitary works," Argentina’s representative to the World Bank Alieto Guadagni told radio América.

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posted by profmarcus at 12/18/2005

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