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<p>Last year, the Secretary of State instructed the UK’s representatives at the Inter-American
Development Bank and World Bank to vote against all new proposals for financial support
to the Government of the Republic of Argentina presented by these institutions, while
reserving the right to support proposals that can demonstrate exceptional benefits
to the poorest people of Argentina. Our position on this has not changed. These are
the only Multilateral Development Banks (MDBs), in which the UK is a shareholder and
from which the Government of Argentina borrows.</p><p> </p>
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