Argentina expects IMF board approval for $20 billion deal
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The Associated Press - Business News |
The fresh cash gives Milei a serious shot at easing Argentina’s strict foreign exchange controls, which could help convince markets of his program’s sustainability.
Houston Chronicle |
The International Monetary Fund on Tuesday said it has reached a preliminary, staff-level agreement with cash-strapped Argentina on a $20 billion bailout package, providing a welcome reprieve to libe...
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The International Monetary Fund said it had reached agreement with Argentina on a $20 billion four-year bailout deal for the embattled country, South America's second largest economy.
Argentina's pending $20 billion deal with the International Monetary Fund will bring libertarian President Javier Milei the tool he wants to unlock investment-blocking capital controls and a return to the global market: a "mountain of dollars".
While the world’s leaders were wringing their hands over Trump’s sweeping tariffs on U.S. imports, Argentina’s Javier Milei was ebullient, feted at Trump’s Mar-a-Lago club.