IMF, Argentina in advanced talks over new loan program

After the Minister of Economy, Luis “Toto” Caputo, said on Thursday that the government expects a $20 billion outlay from the International Monetary Fund (IMF) and thus tried to calm the shocks after two complicated weeks, Javier Milei went out to support the head of the Treasury. With the same concepts, the President insisted that he will not devalue once the agreement is sealed and said that it is “irrelevant the exchange rate discussion.” “Sp…

BUENOS AIRES (AP) - The Argentine government announced Thursday that the agreement it is negotiating with the International Monetary Fund to refinance debt and clean up the Central Bank's balance sheet is 20 billion dollars in an attempt to...

CNN Radio Argentina (CNN Radio Argentina) – Lorenzo Sigaut, an economist at Equilibra, spoke this Wednesday with Julieta Tarrés' CNN Economía y Actualidad about the exchange rate situation in Argentina and the impact of monetary policy on the markets. The economist emphasized that "something changed in March" because "the Central Bank has not only sold more than $1 billion so far this month in the single, free exchange market, but has also had t…

The economist said the government has too much optimism about the agreement with the IMF, but that its vision will not have so much impact.

On CNN Radio Argentina, economist Jorge Ingaramo analyzed the negotiations between the national government and the International Monetary Fund to reach an agreement on Argentina's foreign debt. On CNN Primera Mañana, he stated that "we are in a very high risk zone, especially from a currency perspective. The Central Bank has been losing $1.3 billion in reserves since Bloomberg said they were going to give us $20,000 in fresh currency instead of …

IMF, Argentina in advanced talks over new loan program

WASHINGTON, United States — The IMF and Argentina are in advanced talks on a new loan agreement, a Fund official said Tuesday, as President Javier Milei continues his shock therapy approach to economic reforms. “Discussions on a new Fund-supported program are advanced, and as part of our routine internal processes, Fund staff is engaging with the Executive Board,” an International Monetary Fund official said in a statement shared with AFP. The o…