The International Monetary Fund (IMF) said it reached a preliminary deal with the Argentinian government for a $20 billion bailout package. “The agreement builds on the authorities’ impressive early progress in stabilizing the economy, underpinned by a strong fiscal anchor, that is delivering rapid disinflation and a recovery in activity and social indicators,” the IMF said. “The program supports the next phase of Argentina’s homegrown stabilization and reform agenda aimed at entrenching macroeconomic stability, strengthening external sustainability, and unlocking strong and more sustainable growth, while also managing the more challenging global backdrop.”
April 9, 2025
SOURCE: DAILY SABAH
IMF, Argentina reach preliminary deal for $20B bailout package