WASHINGTON, June 30, 2016 - The World Bank’s Board of Executive Directors today approved the following project:
Argentina – Children and Youth Protection Project
IBRD Loan: US $600 million equivalent
Terms: Maturity = 32.5 years, Grace = 7 years
Project ID: P158791
Project Description: The project’s objective is to support the Argentine government’s expansion of its Universal Child Allowance Program (AUH, in Spanish) to include 1.5 million children and youth up to 18 years of age which, despite being eligible, are currently excluded; and to improve transparency of social protection programs implemented by ANSES (National Social Security Administration).