Home / Daily Briefs / 2023 / 4 / Argentina gets Brazil's support, but not much more

Argentina gets Brazil's support, but not much more

Argentina gets Brazil's support, but not much more

May 4, 2023 | Charles Newbery, Thierry Ogier
South America’s second largest economy is seeking funds to rebuild its sagging dollar reserves

Corporate & Sovereign Strategy International Monetary Fund (IMF) Economy & Policy Debt Loans Argentina Brazil Capital Markets

Argentine President Alberto Fernández returned without any fresh financing deals from a much-anticipated meeting with his Brazilian counterpart, Luiz Inácio Lula da Silva, on Tuesday night, but he did manage to secure support for talks for a more flexible loan agreement with the International Monetary Fund (IMF), analysts said on Wednesday. Fernández, a moderate leftist who is in his last year in office, met with Lula in Brasília as speculations swirled before the visit that Brazilian developmen

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