
Argentine President Javier Milei has signaled an imminent agreement with the International Monetary Fund (IMF), aiming to secure fresh funding to stabilize the country’s fragile economy. Milei’s government plans to use the IMF funds, estimated at $11 billion, to replenish the Central Bank’s depleted reserves and reduce Treasury debt owed to the Central Bank. The announcement comes after a year of sweeping reforms under Milei’s libertarian administration.
March 3, 2025
SOURCE: RIO TIMES
Milei’s High-Stakes Plan: IMF Funds to Stabilize Argentina’s Economy Without Adding Debt