Argentina has guaranteed payment of its commitments to the IMF this year

The goal was made possible by a new IMF US$650,000 million allocation of SDR reserves that will allow the country to receive some US$4.355 billion on August 23.

RIO DE JANEIRO, BRAZIL - Argentina has secured the payment of its dollar commitments with international organizations for 2021, after the board of the International Monetary Fund (IMF) passed a new allocation of reserves to countries for US$650 billion through the extension of special drawing rights (SDR), enabling the country to receive some US$4.355 billion on August 23.

On Monday (2), IMF president Kiristalina Georgieva welcomed the organization's historic decision, which is "the largest SDR allocation in the history of the IMF and a boost for the world economy amid an unprecedented crisis" caused by the coronavirus . . .

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