After the IMF approved the staff-level agreement with Argentina’s current administration, the Government of President Javier Milei received a US$ 4.7 billion disbursement which bolstered the Central Bank (BCRA) reserves to US$ 27.635 billion. In this scenario, the Economy Minister insisted on the Milei administration’s goal for this year to achieve a primary surplus of 2% and to accumulate US$ 10 billion in net reserves.
February 1, 2024
SOURCE: MERCOPRESS
MORE COVERAGE:
https://en.mercopress.com/2024/02/01/argentine-central-bank-reserves-stronger-after-fmi-disbursement