US EditionImf Board Completes First Argentina Program Review, Approves $2 Billion ...
34 Articles
34 Articles
IMF Board approves US$2 bn disbursement to Argentina
The International Monetary Fund (IMF) has approved the first review of its agreement with Argentina, authorizing a disbursement of US$2 billion. The decision comes days after the IMF projected a 5.5% growth for the country.
Argentina Passes the First Revision of the Agreement with the Imf and Will Receive 2 Billion Dollars
Argentina successfully passed the first revision of the goals of the 20 billion agreement that it closed last April with the International Monetary Fund (IMF). The multilateral confirmed this Thursday in a long statement that the South American country will receive a $2 billion disbursement, which will add to the 12 billion that it already obtained at the beginning of the 48-month program. The board warned that the South American country did not…
The Straits Times
BizTocIMF board completes first Argentina program review, approves $2 billion disbursement
The International Monetary Fund board on Thursday completed its first review of the $20 billion program with Argentina, approving a disbursement of approximately $2 billion. Read more at straitstimes.com.
The IMF’s Executive Board completed the first review of Argentina’s 48-month facility agreement, which allowed about US$2 billion to be disbursed. “The robust implementation of policies has supported a smooth transition to a more flexible exchange rate regime, with declining inflation and economic growth,” the IMF said in a statement. “The Executive Board welcomed the authorities’ commitments to safeguard the fiscal anchor, improve the monetary …
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