Banco Nación offers retirees $50M loans with 6-year repayment

Argentina's state-owned Banco Nación is extending loans of up to $50 million to retirees and pensioners, repayable over up to 72 months. This is a domestic credit expansion measure, likely aimed at boosting consumption, but its macroeconomic impact is limited. The move signals continued government support for pensioners amid economic strain.

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