IMF Says Talks with Argentina ‘Constructive’, Will Continue in Washington

Argentina is looking to replace its US$57 billion IMF program, launched in 2018. About US$45 billion in IMF funds have been disbursed under the program.

RIO DE JANEIRO, BRAZIL - Negotiations between the International Monetary Fund and Argentina over a new IMF loan program are “very fluid and constructive,” with Argentine officials expected to come to Washington in the coming days for more talks, IMF spokesman Gerry Rice said on Thursday, December 3rd.

Rice told a regular news briefing that a recent IMF staff mission to Buenos Aires, made “good progress” in defining the initial elements of Argentina’s economic reform plans.

He said the two sides “share the view that tackling Argentina’s challenges will require a carefully balanced set of policies that foster stability . . .

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