The IMF announced Thursday that it has reached a staff-level agreement with Argentina, potentially unlocking a $2 billion disbursement under the country’s $20 billion loan program.
The deal, pending approval by the IMF’s executive board later this month, follows a strong program start despite external challenges.
Argentina has seen early signs of recovery, including lower inflation and poverty, modest growth, and earlier-than-expected re-entry into international capital markets.
The agreement also includes commitments to strengthen fiscal policies, build reserves, and ensure sustained inflation control.