The Argentine Government of President Javier Milei decided to postpone maturities with the International Monetary Fund (IMF) worth US$ 1.94 billion until the end of this month. According to Casa Rosada sources, this decision was taken to wait for the inflow of US dollars to be collected from agricultural export liquidations throughout April and thus leave the Treasury’s reserves undented.The move was within the provisions of the standing agreement between the South American country and the credit agency.
April 8, 2024
SOURCE: MERCOPRESS
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https://en.mercopress.com/2024/04/08/argentina-delays-payments-to-imf-until-april-30