Argentina requests new IMF programme
Government and central bank say economic stabilisation is not possible without recovery
Argentina’s government requested a new support programme from the International Monetary Fund on August 26.
President Alberto Fernández’s administration issued a statement, saying that it had told the IMF that economic stabilisation would not be possible without economic recovery. The IMF agreed its largest-ever programme, a $57 billion standby arrangement (SBA) package, with the Argentine government led by Fernández’s predecessor Mauricio Macri in 2018. Around $44 billion of that package has
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