LatinNews Daily - 17 June 2026

*The World Bank Group (WBG) has approved a guarantee-backed financing package to help mobilise up to US$2bn in commercial loans for Argentina’s government led by President Javier Milei. This will allow Argentina to negotiate loans with commercial banks at a lower rate than it would obtain without the guarantees. Argentina will then use the loan money to pay debt maturities, with the WBG guarantee covering 95% of the total loan value plus interest payments. According to the WBG, the package will support President Milei’s reform agenda “aimed at creating jobs, attracting investment in infrastructure and improving financial inclusion for small businesses, among other measures” and help re-establish his government’s access to international capital markets. “We are committed to supporting Argentina’s macroeconomic stabilization and its growth-oriented reform agenda,” said Susana Cordeiro Guerra, the World Bank’s vice president for Latin America and the Caribbean. “This innovative guarantee structure helps facilitate the country’s return to international capital markets, mobilizing financing on more accessible terms, while supporting reforms that boost private investment, productivity, and long-term resilience.”

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