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Additional Financing for the Social Safety Nets for Vulnerable Populations in the Province of Buenos Aires Project

Abstract*

Country Context. Argentina has a historically large and strong middle class, with social indicators that are in general above the regional average; however, persistent social inequalities, volatility of economic growth and underinvestment have limited the country’s development. Urban poverty in Argentina reached 40.6 percent of the population in the first semester of 2021, and 10.7 percent of Argentines live in extreme poverty. Poverty in childhood...

* 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

Support the transition of the electricity ST scheme from the federal to the Buenos Aires provincial level, and the delivery of select social safety net programs targeting the vulnerable population in the PBA, as part of the COVID 19 emergency response

Key Details

Project Details

  • P178628

  • Active

  • Marcela Salvador

  • Province of Buenos Aires

  • Argentina

  • July 8, 2022

  • (as of board presentation)

    September 20, 2022

  • N/A

  • US$ 50.00 million

  • Provincial Directorate of Multilateral and Bilateral Financing

  • Latin America and Caribbean

  • 2023

  • US$ 50.00 million

  • N/A

  • Not Applicable

  • February 27, 2026

  • Yes

  • BANK APPROVED

  • P170329

  • November 16, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 50.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 50.00
IDA Commitment N/A
IBRD + IDA Commitment 50.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 50.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.