US EditionUS is working on doubling aid to Argentina to $40 billion by tapping private funding sources
The Trump administration aims to stabilize Argentina’s economy with $40 billion in aid, addressing its $300 billion debt amid rising inflation and poverty, Treasury says.
- The U.S. plans to double aid to Argentina to $40 billion after a meeting between Presidents Donald Trump and Javier Milei.
- Treasury Secretary Scott Bessent indicated that the aid would involve private financing in a $20 billion facility.
- Trump stated that future U.S. support for Argentina depended on Milei's party performance in upcoming elections, saying, 'If he loses, we are not going to be generous with Argentina.'
- Milei expressed confidence in ongoing U.S. support as he continues his budget-cutting policies, affirming, 'We continue to advance the ideas of freedom.
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58 Articles
Scott Bessent working on another $20 billion of Argentina financing with private banks, sovereign funds, 'more focused on the debt market'
Trump has suggested that the money could be pulled if Javier Milei's party does not prevail in the Oct. 26 midterm elections.
US Is Working on Doubling Aid to Argentina to $40 Billion by Tapping ...
Trump administration working to double Argentina aid through partnerships: Bessent
The Trump administration is seeking to secure a total of $40 billion in financial assistance for Argentina to help the country’s libertarian leader stabilize its turbulent financial markets. Treasury Secretary Scott Bessent said Wednesday that the U.S. is looking to provide an additional $20 billion to the Latin American ally, through a mix of financing…
Trump administration looks to double aid for Argentina to $40 billion. Here’s how
The Trump administration is looking to provide an additional $20 billion in financing for Argentina through a mix of financing from sovereign funds and the private sector.That would come on top of the $20 billion credit swap line that the U.S. Treasury pledged to Argentine President Javier Milei and his government this month to bolster the South American nation’s collapsing currency.“We are working on a $20 billion facility that would complement…
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