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
- Argentina pauses dollar bond sales as debt payments loom
- Argentina's monthly exports top $10 billion for first time
- US plans up to $20bn in investment and financing for Argentina
- Argentina agrees sale of water utility AySA
- IMF reaches preliminary Argentina deal
Sources
- Buenos Aires Times ↗Oct 27, 7:38 PM ET
- Buenos Aires Times ↗Oct 27, 5:32 PM ET
- ANSA ↗Oct 27, 5:49 PM ET
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