Wall Street expects the International Monetary Fund to lend Argentina as much as $20 billion in a new program that would mark another critical seal of approval for President Javier Milei’s austerity campaign. They see the potential loan including anywhere between $5 billion and $10 billion in disbursements for 2025, while Argentina doesn’t have to make principal repayments to the IMF until next year for its previous loan. In theory, that money would boost Argentina’s central bank’s reserves enough to eventually start lifting currency and capital controls.
March 5, 2025
SOURCE: BNN BLOOMBERG
Wall Street Sees Argentina Getting Up to $20 Billion in IMF Deal