Argentina and IMF Reach New Staff-Level Agreement
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#1c89e81c ver:0.13

Argentina and the IMF have reached a new staff-level agreement, unlocking a $792 million disbursement. The IMF believes Argentina's stabilisation plan has exceeded expectations, with fiscal surplus, reserve accumulation, and inflation coming down faster than anticipated. President Milei is seeking $15 billion to lift currency controls. S&P upgraded Argentina's debt rating. The IMF expects Argentina to lift exchange restrictions. Argentina received a $4.7 billion disbursement from the IMF and used it to cancel January maturities. The IMF approved the seventh review of the program and extended it until 2024. Argentina postponed IMF maturities and seeks additional funds. Economy Minister Caputo is in Washington seeking funds to remove currency controls. #Argentina #IMF #economy #currencycontrols...

#newstr #Argentina #Imf #Economy #Agreement 

 https://here.news/story/1c89e81c?ver=0.13