IMF envisions large, initial Argentina disbursement

That Argentina is trapped in a temporary loop seems to be confirmed with each government administration.Identical themes, repeated uncertainties, remanded warnings, repetitive commentators, justifications equal to those of the past and known fears appear expressed in actors so similar to those of years ago, that anyone would think they are the same, but already in a condition of immortality.It seems excessive what is expressed above, but write I…

The closeness of a new agreement with the International Monetary Fund (IMF) that includes an important initial disbursement refers to what happened in 2018, when the government of Mauricio Macri closed one of the main loans granted in the history of the agency. Although the reserves of the Central Bank (BCRA) are today below the levels they exhibited at that time, in the government of Javier Milei they argue that there are factors that make the …

IMF envisions large, initial Argentina disbursement

Fund’s managing director says the country’s request for a 40% upfront payment under new loan is “reasonable” The post IMF envisions large, initial Argentina disbursement appeared first on LatinFinance.

The managing director of the Monterio International Fund (IMF), Kristalina Georgieva, confirmed that Argentina requested that the first disbursement be equivalent to 40% of the program.This implies that it would amount to 8 billion dollars.The Argentine government had assured that it would be higher than what the agency usually sends in the initial disbursements.Argentina asked for 20,000 million dollars from the IMF, according to the Minister o…

This was defined by the head of the organization, the Bulgarian Kristalina Georgieva, after the libertarian administration asked for that percentage as the first disbursement. The amount would be 8 billion dollars.