Home Breaking News The World Bank approved a new loan for Argentina

The World Bank approved a new loan for Argentina

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The World Bank approved additional funding for 230 million US dollars for Argentina.

A loan explained by an international agency is aimed at “improving access to official employment and quality for the unemployed” in the country.

According to them, the project “Make the best jobs with integrated training and job programs” to promote employment and return to work implemented by the Ministry of Labor, Employment and Social Support (STESS).

Marianna Fei, director of the World Bank of Argentina, Paraguay and Uruguay, said in this regard: “Argentina invests in training her workforce and receives all the big and best workplaces to receive. Over the next ten years, 1.9 million young people have reached productive age, while technological achievements complicate the trajectories of people on a complete productive scene. ”

“Programs such as employment and return to work are striving to improve the possibilities for accessing official employment and, thus, create a better future for the Argentines throughout their lives,” he added.

As explained, the project is a variable margin, and the amounts will be reimbursed in 32 years with a 7 -year preferential period.

News in development …

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