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The IMF reaches a deal with troubled Argentina on a $20 billion bailout

  • The International Monetary Fund has reached a preliminary agreement with Argentina for a $20 billion bailout, providing support to President Javier Milei.
  • This agreement is a staff-level deal that still needs final approval from the IMF's executive board, expected soon.
  • The IMF praised Milei's free-market austerity measures, which have contributed to stabilizing Argentina's economy.
  • Argentina has received more IMF bailouts than any other nation, reflecting its ongoing financial challenges.
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Argentina braces for 24-hour strike as it awaits news on IMF loan

Argentina is bracing for fresh austerity protests Wednesday, with a 24-hour general strike slated to start at midnight against President Javier Milei, who remains focused on Washington and a new IMF loan.

·Missoula, United States
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Bias Distribution

  • 41% of the sources are Center
41% Center
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El Cronista broke the news in Argentina on Monday, April 7, 2025.
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