IMF Agreement Clears Way for Release of $900 Million for Argentina
The release is still subject to Executive Board approval as Argentina keeps reserve accumulation and fiscal discipline commitments under the IMF programme.
- The International Monetary Fund reached a staff-level agreement with Argentina on the third review of its US$20-billion financing programme, paving the way for a disbursement of approximately US$900 million.
- President Javier Milei's economic reform programme, backed by the 48-month arrangement agreed in April 2025, seeks to tackle inflation, strengthen foreign currency reserves and sustain economic growth.
- The Central Bank purchased nearly US$16 billion in foreign currency and the Treasury raised US$5 billion, while net international reserves exceeded the programme's end-June target by US$4 billion.
- Argentina targets a primary surplus of 1.4 percent of GDP in 2026 under the agreement, which also highlights US$76 billion in approved investments under Milei's flagship RIGI incentive scheme.
- The October World Economic Outlook cut its 2026 growth forecast for Argentina to 2.1 percent from 3.5 percent, while raising the inflation projection to 32.5 percent amid a more challenging global backdrop.
21 Articles
21 Articles
IMF agreement clears way for release of $900m for Argentina
The IMF has reached a staff-level agreement with Argentina on its bailout review, potentially unlocking about $900 million for the Latin American country. Read More: https://punchng.com/imf-agreement-clears-way-for-release-of-900m-for-argentina/
The president of Argentina, Javier Milei, on April 2, 2026 REUTERS/Agustin Marcarian The International Monetary Fund (IMF) and Argentina arrived on Tuesday (27) to an agreement that can release about $900 million to the country. The transfer, however, still depends on the approval of the executive board of the institution. The value is part of the agreement of US$20 billion signed between Argentina and the IMF in 2025. The release of the $900 mi…
Washington, Oct 27 (EFE).- The technical staff of the International Monetary Fund (IMF) and the Argentine authorities have agreed on a third revision of the loan instrument that would allow the South American country to access an additional $900 million.This amount – equivalent to about $600 million in special drawing rights (SDRs) – would be available [...] Entry The IMF and Argentina agree on a third review of the loan program was first publis…
“The program of the authorities (argentinas) supported by the IMF continues to produce impressive results, despite a more complex world situation,” the international organization said.
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