• The regional projects in which Argentina participates account for a total of USD 641.68 million, although it isn’t clear how the funds are distributed among the different countries involved in the project. Moreover, it isn’t clear, which are the rest of the countries that participate in these regional projects. In general terms, the information available on this type of regional projects is extremely scarce, which represents an important limitation in terms of transparency. In this case, even institutions that have relatively robust frameworks of transparency and access to information, such as IDB Invest for example, fail to provide adequate information in relation to the regional projects they finance. “COVID-19 PROJECTS” FINANCED BY DFIS GLOBALLY • The Early Warning System COVID-19 DFI Tracker (n.d.), which tracks Covid-19 projects disclosed by 15 development banks, had tracked, as of May 14, 2021, a total of 1,302 Covid-19 projects financed by Multilateral Development Banks around the world, for a total amount of approximately USD 146.35 billion. The five main sources of financing for this type of project at a global level are, according to that source, the European Investment Bank (EIB), the World Bank (WB), the Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB) and the Inter-American Development Bank (IDB). In turn, the World Bank and the IDB are the institutions that are financing the largest number of projects on a global scale, namely 377 and 218 respectively. It should be noted that among the total list of banks, 9 have an active financing presence in Argentina: EIB, WB, IDB, IFC, MIGA, IDB Invest, DFC, CAF and FMO. WHICH DEVELOPMENT BANKS? BANK PROJECTS BANK PROJECTS EIB 190 $47.64B | 32.6% EBRD 85 $3.85B | 2.6% WB 377 $40.57B | 27.7% MIGA 9 $3.01B | 2.1% ADB 151 $17.44B | 11.9% IDBI 41 $2.26B | 1.5% AIIB 39 $10.32B | 7.0% AFDB 56 $2.11B | 1.4% IADB 218 $8.20B | 5.6% DFC 11 $0.85B | 0.6% IFC 97 $5.38B | 3.7% CAF 3 $0.45B | 0.3% NDB 4 $3.98B | 2.7% FMO 21 $0.28B | 0.2% Source: Early Warning System COVID-19 DFI Tracker. Retrieved May 14, 2021, from: https://public.tableau.com/ profile/iaptableau#!/vizhome/EarlyWarningSystemCOVID-19ProjectsbyDevelopmentBanks_16049749996170/ Main?publish=yes 15 DFIs FINANCING IN ARGENTINA DURING THE PANDEMIC: COVID-19 PROJECTS AND TRANSPARENCY SHORTCOMINGS