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PROV.PENSION1

Development Objective

THIS ADJ. LOAN WOULD COFINANCE A US$500 MILLION IDB LOAN IN SUPPORT OF THE TRANSFER OF THE PROV. PENSION FUNDS TO THE NAT. PENSION SYSTEM. LOAN PROCEEDS WOULD FINANCE PART OF THE TEMP.DEFICITTHAT THE NATIONAL SYSTEM WOULD FACE AS A RESULT OF THE TRANSFER. THE LOAN WOULD SUPPORT THE FED. GOVT.'S EFFORTS TO PROMOTE THE REFORM OF PROVINCAL FINANCES AND THE IMPROVEMT OF THE CONSOLIDATED SOCIAL SECURITY SYSTEM. THE ADJ LOAN WOULD BE ACCOMP. BY A TA LOAN TO IMRPROVE THE NAT. SECURITY ADM.

Key Details

Project Details

  • P044445

  • Closed

  • Mariluz Cortes

  • N/A

  • Argentina

  • April 3, 1997

  • (as of board presentation)

    December 11, 1996

  • December 20, 1996

  • US$ 620.00 million

  • N/A

  • Not Applicable

  • June 30, 1998

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Inter-American Development Bank 320.00
International Bank for Reconstruction and Development 300.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 300.00
IDA Commitment N/A
IBRD + IDA Commitment 300.00
Lending Instrument
Grant Amount 320.00
Total Project Cost** 300.00

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$)
Dec 11, 1996 IBRD-41160 Loan Commitment 300,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-14-1999PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingHighly Satisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceHighly SatisfactoryN/a
Borrower PerformanceHighly SatisfactoryN/a
Government PerformanceHighly SatisfactoryN/a
Implementing AgencyHighly SatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.