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Argentina is in the process of obtaining $ 4 billion from a regional bank to support its efforts to combat Corona



Buenos Aires – (dpa)


Published in :
Wednesday 6 May 2020 – 5:10 am
| Last updated :
Wednesday 6 May 2020 – 5:10 am

The Argentine government has stated that it is in the process of obtaining $ 4 billion in financial support from the Regional Development Bank (CAF) over four years to support its efforts to combat the Corona virus.

The money will be used to encourage social policies and revitalize the economy, according to Bloomberg News.

Argentina is expected to receive $ 900 million of this amount during 2020.

Argentina recorded 5,020 cases of coronavirus and 264 deaths as of Tuesday evening, according to WorldMeter.

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