ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 8.Apr.2025) — Staff with the Washington-based International Monetary Fund (IMF) and authorities from Argentina reached a staff-level agreement on a comprehensive economic program that could be supported by a 48-month arrangement under the extended fund facility (EFF) for $20bn.
The agreement is subject to approval by the IMF executive board, which is expected to consider the proposed arrangement over the coming days.
IMF said the agreement builds on the “[Argentine] authorities’ impressive early progress in stabilizing the economy, underpinned by a strong fiscal anchor, that is delivering rapid disinflation and a recovery in activity and social indicators,” the IMF said on 8 Apr. 2025 in an official statement