Home / Daily Briefs / 2023 / 14 / Argentina, IMF reach staff-level agreement

Argentina, IMF reach staff-level agreement

Argentina, IMF reach staff-level agreement

March 14, 2023 | Charles Newbery
Another $5.3 bln is poised for approval by the US-based fund's executive board

International Monetary Fund (IMF) Loans Economy & Policy Corporate & Sovereign Strategy Argentina

The International Monetary Fund (IMF) said Monday that it reached a staff-level agreement with Argentina on the fourth review of a $44 billion extended fund facility, moving closer for the multilateral lender to make an additional disbursement of $5.3 billion for the cash-tight country. "Prudent macroeconomic management in the second half of 2022 supported stability and helped secure program targets through end-2022 with some margin," the IMF said in a press release. The staff-level agreement no

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