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Economy · Buenos Aires, Argentina ·

IMF reaches preliminary Argentina deal

The IMF approved a third review, freeing about $900 million. It praised Milei's fiscal policies.

Why it matters

It supports Argentina's reserves.

Background

A $20 billion IMF program backs Milei's reforms.

The story so far

  1. Argentina pauses dollar bond sales as debt payments loom
  2. Argentina's monthly exports top $10 billion for first time
  3. US plans up to $20bn in investment and financing for Argentina
  4. Argentina agrees sale of water utility AySA
  5. IMF reaches preliminary Argentina deal

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Sources

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