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Argentina First Inclusive Growth Programmatic DPF

Abstract*

The development objectives of First Inclusive Growth Programmatic Development Policy Financing Project for Argentina are the following: (i) strengthening the foundations for private sector-led growth; and (ii) strengthening the social safety net and enhancing fiscal equity. Stabilizing the economy and restoring investor confidence is a primary concern of the Government. The DPF series complements and reinforces these stabilization efforts by supporting...

* 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 Development Objectives of the operation are the following: (i) strengthening the foundations for private sector-led growth, and (ii) strengthening the social safety net and enhancing fiscal equity.

Key Details

Project Details

  • P167889

  • Closed

  • Stefano Curto , Fernando Giuliano

  • Argentine Republic

  • Argentina

  • August 7, 2018

  • (as of board presentation)

    November 1, 2018

  • December 17, 2018

  • US$ 500.00 million

  • N/A

  • Not Applicable

  • January 31, 2020

  • BANK APPROVED

  • August 30, 2023

  • 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** N/A

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 17, 2018 IBRD-89040 Loan Disb 1,250,000.00
Nov 1, 2018 IBRD-89040 Loan Commitment 500,000,000.00
Jun 1, 2022 IBRD-89040 Int Charges 4,246,666.50
Dec 21, 2018 IBRD-89040 Loan Disb 498,750,016.00
Jun 1, 2019 IBRD-89040 Int Charges 9,653,096.00
Jun 1, 2023 IBRD-89040 Int Charges 15,042,545.00
Jun 1, 2023 IBRD-89040 Int Charges 782,042.10
Dec 1, 2023 IBRD-89040 Int Charges 17,290,048.00
Dec 1, 2023 IBRD-89040 Int Charges 320,238.62
Jun 1, 2020 IBRD-89040 Int Charges 8,362,083.50
Jun 1, 2021 IBRD-89040 Int Charges 4,196,111.00
Dec 1, 2020 IBRD-89040 Int Charges 4,854,583.50
Dec 1, 2019 IBRD-89040 Int Charges 10,014,167.00
Dec 1, 2022 IBRD-89040 Int Charges 10,312,163.00
Jun 1, 2024 IBRD-89040 Int Charges 18,285,276.00
Jun 1, 2024 IBRD-89040 Int Charges 97,922.57
Dec 17, 2018 IBRD-89040 Fee Charges 1,250,000.00
Dec 1, 2021 IBRD-89040 Int Charges 4,066,666.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 08-10-2023
OutcomesModerately Unsatisfactory
Risk to Development Outcome
Bank PerformanceModerately Unsatisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 12-15-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.