BusinessPhoto: HT WorldIMF Agreement Unlocks $900 Million for Argentina
The International Monetary Fund reached a staff-level agreement with Argentina on the third review of its bailout, potentially releasing about $900 million. The deal awaits approval from the IMF's Executive Board. Argentina's $20 billion IMF program started in 2025 amid high inflation and currency depreciation. Since President Javier Milei took office in December 2023, inflation has fallen from triple digits to 33.5%, aided by reforms and spending cuts, which have sparked protests. The IMF praised the government's fiscal and structural reforms.
HT World·




