IMF Reaches Staff-Level Agreement with Argentina, Unlocking $900 Million

The International Monetary Fund (IMF) has reached a staff-level agreement with Argentine authorities on the third review of the country's Extended Fund Facility arrangement. This agreement, subject to Executive Board approval, could unlock approximately $900 million for Argentina. The IMF lauded Argentina's "impressive results" in macroeconomic policies and market-oriented reforms, which have supported disinflation and improved the country's external position.