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    IMF, Argentina reach funding agreement that could unlock $6 billion

    Reuters

    BUENOS AIRES, Dec 2 (Reuters) - The International Monetary Fund (IMF) said on Friday it has reached a agreement with Argentine authorities on a third review under its Extended Fund Facility Arrangement, which could give the South American country access to around $6 billion.

    The IMF said in a statement the staff-level agreement remained subject to approval by its executive board, expected to meet this month.

    The fund said the country was presenting a prudent macroeconomic management and efforts to mobilize external financing.


    https://www.reuters.com/world/americas/imf-argentina-reach-funding-agreement-that-could-unlock-6-bln-2022-12-03/
    Last edited by Fantasyboy: 04/12/22
 
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