Argentina’s government approved the terms of two loans from the Inter-American Development Bank (IDB) worth up to US$1.15 billion on Wednesday, one to strengthen federal security forces and one to help provinces control spending and collect more of their own taxes.
Decree 1284/2026, published in the Boletín Oficial, the government’s official gazette, approves the contract for a US$400 million loan for the Federal Security Strengthening Program. The money is meant to build the Federal Police’s investigative capacity, improve security in priority areas and on the northern border, run federal prisons better and strengthen the Security Ministry, which will spend it. The Gendarmería (the border guard), the Naval Prefecture (the coast guard) and the Federal Penitentiary Service are also covered.
Decree 1285/2026 approves a US$750 million loan for a program to improve provinces’ fiscal coordination, the first draw on a credit line of up to US$1.5 billion that can be used over a decade. The program aims to make provincial spending more efficient and to improve collection of provinces’ own taxes. The Economy Ministry’s Treasury Secretariat will run it.
The decrees approve the contracts, and the money is paid out later. La Nación reported that US$152 million of the security loan comes first and the rest depends on results targets, and that the fiscal program is meant to cover about 15 provinces at the start, which must commit to steps such as controlling payroll spending and improving tax collection.
The decrees come two weeks after Economy Minister Luis Caputo met IDB president Ilan Goldfajn in Bangkok. On Oct. 22 the Economy Ministry said the bank had also approved a US$200 million guarantee, with a 25-year term, to support a plan to expand the national electricity transmission network.