IMF board approves $5.4 billion Argentina loan disbursement

IMF okays US$ 5.4 bn disbursement for Argentina

The International Monetary Fund (IMF)'s Executive Board Friday approved the fourth review of last year's Extended Facilities Program with Argentina, after which a US$ 5.4 billion disbursement for the South American country was cleared to proceed, it was reported in Washington DC.

IMF board approves $5.4 billion Argentina loan disbursement

Argentina requested to a change to a key target in the program

IMF approved the disbursement of a US$5.300M loan for Argentina

The board of the multaleral body approved the funds after the agreement between the staff and the Government on the fourth review of the program