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Argentina will receive US$125 million in rapid financing from the Inter-American Development Bank, as part of a program to provide greater stability in the insurance sector

Latin Trade, August, 2003

ARGENTINA will receive US$125 million in rapid financing from the Inter-American Development Bank, as part of a program to provide greater stability in the insurance sector. Another $125 million will be issued upon completion of the program's objectives. The $250 million total is part of an original $500 million approved by the bank in 2001.

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