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CAPITAL MKT DEVT

Abstract*

The Government of Argentina has undertaken a major reform of economic policy aimed at price stability and sustained economic growth. Measures to focus the state on core public functions and raise the efficiency of revenue mobilization have been essential for improving the fiscal fundamentals. Trade liberalization and the deregulation of domestic markets have improved economic efficiency. These reforms have been strongly encouraged and supported by...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

THE PROJECT SEEKS TO ENCOURAGE CAPITAL MARKET DEVELOPMENT.IT INCLUDESA BACKSTOP FUND COMPONENT TARGETTED TO ENCOURAGE THE DEVELOPMENT OFTHE BOND MARKET.

Key Details

Project Details

  • P005988

  • Closed

  • Stefan Alber-Glanstaetten

  • N/A

  • Argentina

  • March 1, 1994

  • (as of board presentation)

    March 1, 1994

  • August 31, 1995

  • US$ 500.00 million

  • C

  • Not Applicable

  • June 30, 2006

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 500.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 500.00
IDA Commitment N/A
IBRD + IDA Commitment 500.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 500.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 1, 1994 IBRD-37090 Loan Commitment 500,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 08-04-1998PROJECT PERFORMANCE ASSESSMENT REPORT: 06-20-2000
Outcome RatingUnsatisfactory Unsatisfactory
Risk To Development OutcomeNot RatedNot Rated
Bank PerformanceUnsatisfactoryUnsatisfactory
Borrower PerformanceUnsatisfactoryUnsatisfactory
Government PerformanceSatisfactoryUnsatisfactory
Implementing AgencyUnsatisfactoryNot Rated
Icr QualityNot RatedNot Rated
M&e QualityNot RatedNot Rated

Results Framework

No data available.