IMF reaches staff-level agreement for $2 billion disbursement to Argentina
ARGENTINA, JUL 25 – IMF approved Argentina's first review under a $20 billion program, enabling a $2 billion disbursement despite reserves being critically low at 23% of the target, IMF said.
- The International Monetary Fund plans to review Argentina's US$20-billion program during an informal meeting on Tuesday, according to a person familiar with the matter.
- Argentina's Economy Minister aims to raise the Central Bank's reserves above target by the end of July.
- The IMF's July 2025 review indicates that while Argentina has made progress, its net reserves remain critically low, around minus $6 billion.
- Argentina has shown notable improvement, including a shift to budget surpluses and rising investments, as reported by the IMF.
66 Articles
66 Articles
Argentina and IMF reach technical agreement
The Argentine Government of President Javier Milei and the International Monetary Fund (IMF) announced Thursday that they have reached a technical agreement on the first review of the country's Extended Fund Facility (EFF) program. Once approved by the IMF Executive Board, this deal will enable a disbursement of approximately US$2 billion to the South American country.
BUENOS AIRES (AP) — Argentina has passed the first review of the $20 billion rescue package agreed upon with the International Monetary Fund (IMF) in April, unlocking the arrival of more funds to strengthen its economy.
The technical staff of the International Monetary Fund (IMF) and the Argentine authorities have reached an agreement on Thursday at the level of technical staff on the first revision of the program supported by the Fund's Expanded Service, which would enable access to approximately $2 billion.The IMF spokesman, Julie Kozack, had stated in the morning that the talks on this first review were "very advanced" and that the next step is to reach a pa…
Argentina Reaches IMF Staff-Level Agreement to Unlock $2 Billion
Argentina reached an agreement with International Monetary Fund staff on the first review of the country’s $20 billion program, a vote of confidence for President Javier Milei ahead of midterm elections in October.
IMF Reaches Staff-Level Agreement for $2 Billion Disbursement to Argentina
The International Monetary Fund said on Thursday it has reached a staff-level agreement on the first review of its extended fund facility with Argentina, potentially unlocking about $2 billion for the economically embattled Latin American nation.
IMF warns Argentina to raise international reserves
The IMF has issued a stark warning about Argentina's financial stability, describing the country's international reserves as remaining at "critically low" levels despite substantial economic improvements under President Javier Milei.
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