Argentina, May 8 -- Argentina will receive a $500 million loan from the Inter-American Development Bank (IDB) to strengthen its balance of payments, advance structural reforms of its fiscal policy framework, and support its economic recovery process. The loan is part of a $10 billion package of IDB financing for the country's public and private sectors over the next three years to continue boosting the efficiency of public administration and creating better conditions for private-led development. The financing aligns with the country's recent agreements with the International Monetary Fund and the World Bank for restoring economic stability and the path to sustainable development.The IDB's budget support, provided as a Special Development L...