Argentina requests first tranche of more than 40% under $20 billion IMF program

“They’ve earned it, given their performance,” said the agency’s director

Lack of Transparency in the IMF Loan Increases Argentina's Country Risk - teleSUR English

In anticipation of the legislative elections, Milei is trying to curb the collapse of the Central Bank’s reserves. On Monday, Argentina’s risk premium jumped by 8.2%, reaching 863 basis points, in less than 24 hours. The U.S. dollar in the uncontrolled market rose to 1,325 pesos, experiencing a 2% increase. RELATED: Argentina Acquires a Huge Debt With the IMF to ‘Calm the Market’, Caputo Acknowledges This surge reflects growing anxiety over the …

Argentina Requests First Tranche of More Than 40% Under $20 Billion IMF Program

Argentina requests first tranche of more than 40% under $20 billion IMF program

Argentina is seeking a first disbursement of more than 40% under a $20-billion program it is negotiating with the International Monetary Fund (IMF), Economy Minister Luis Caputo said on Sunday.

The risk rating agency Moody’s highlighted Argentina’s economic advances, but also warned about the risks that external openness could generate in the country’s balance of payments. According to the firm’s analysis, the fiscal and monetary adjustments implemented by the Argentine government have begun to alleviate long-standing economic imbalances, which has allowed for stabilizing external finances and reducing the likelihood of sovereign defau…

With fragmented opposition and a largely servile parliament, the main obstacles of the Milei government stem from the inherent inviability of its economic model. Will the IMF again be a lead lifeguard?