
CosmicTaco
Argentina Seeks Big IMF Disbursement
- Argentina is negotiating a $20-billion program with the IMF.
- The country requests over 40% of the funds in the first tranche.
- Economy Minister Caputo highlights fiscal deficit elimination and spending cuts.
- The government aims to bolster central bank reserves and ease forex restrictions.
- IMF's board of directors will need to approve the four-year program.
Source: MoneyControl
7mo ago
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