Argentina Digital Health Plan Lands US$700 Million IDB Credit Line
A presidential decree approves a US$700 million Inter-American Development Bank credit line to digitise Argentina's provincial health systems, starting with US$85 million for Mendoza. The post Argentina Digital Health Plan Lands US$700 Million IDB Credit Line appeared first on The Rio Times .
The Argentine government has secured a US$700 million credit line from the Inter-American Development Bank (IDB) under President decree 757/2026. The funds will be used to modernize provincial health care systems by digitizing hospital records, streamlining appointment systems, and expanding telemedicine services. The first disbursement, worth US$85 million, was approved for Mendoza province, which will use the money to fund the "Consolidation of the Digital Transformation of the Provincial Health System."
This project will be completed over four years with repayment spanning 25 years. Interest rates will be tied to the SOFR benchmark. Provinces can apply for subsequent loans, with up to US$60 million recently approved for Rio Negro, aimed at reaching around 320,000 residents who rely solely on public healthcare facilities. The Argentine Republic is the borrower, with provincial revenue-sharing backing the loan agreements.
The IDB's credit line is part of a broader suite of financial support for Argentina, including US$500 million for the targeted energy subsidy system and US$300 million for public administration modernisation.
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