President Javier Milei

Milei wins IMF approval for US$4.7-billion Argentina disbursement

The International Monetary Fund’s executive board has approved a US$4.7-billion disbursement to the government of Argentine President Javier Milei, according to a person with direct knowledge of the matter. The payments are part of a refinanced US$44-billion programme, the lender’s largest, that was beset by uncertainty for months during the election campaign that saw Milei … Read more

International Monetary Fund : IMF

IMF approves review of Argentina’s debt deal, says it’s ready to ease targets amid drought

International Monetary Fund confirms it has reached staff-level agreement with Argentina on fourth review of US$44.5-billion debt programme and calls for “modification of net international reserve accumulation target” due to economic impact of drought; Decision paves way for new tranche of US$5.3 billion in the near future. The International Monetary Fund (IMF) announced Monday that … Read more