Trump Administration Plans $40 Billion Aid Package for Argentina
US NewsArgentinaUpdated 2 days ago

Trump Administration Plans $40 Billion Aid Package for Argentina

The Trump administration is set to double its financial aid to Argentina, reaching $40 billion, as announced by Treasury Secretary Scott Bessent. This includes a $20 billion private finance facility aimed at stabilizing Argentina's debt and supporting its economic recovery under President Javier Milei. This initiative not only strengthens U.S.-Latin America relations but also demonstrates a commitment to international cooperation in addressing Argentina's financial challenges.

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Trump administration working to double Argentina aid through partnerships: Bessent
PositiveU.S News
The Trump administration is making significant moves to support Argentina, aiming to double its financial aid to $40 billion. Treasury Secretary Scott Bessent announced plans to provide an additional $20 billion to help stabilize the country's financial markets under its libertarian leadership. This partnership is crucial as it not only strengthens U.S.-Latin America relations but also aids Argentina in navigating its economic challenges, showcasing a commitment to international cooperation.
The Trump administration is putting together a $20 billion private finance facility that could act as a backstop for Argentina’s debt, Treasury Secretary Scott Bessent said Wednesday
PositiveU.S News
The Trump administration is working on a $20 billion private finance facility to support Argentina's debt, as announced by Treasury Secretary Scott Bessent. This initiative is seen as a significant lifeline for Argentina, particularly for its ally, President Javier Milei. By involving the private sector, the administration aims to provide a sustainable solution to Argentina's financial challenges, which could stabilize the economy and strengthen diplomatic ties.

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