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ARGENTINA: IMF to Review Loan Program in January

ARGENTINA
BulletEM BulletEmerging Market News
  • Executive board set to review Argentina’s current $44 billion aid program next month, according to people familiar with the matter. The board is tentatively set to meet in early January to evaluate a staff report on the agreement Argentina struck with the IMF in 2022
  • The so-called ex-post evaluation assesses the program’s design and implementation, and is a standard practice for countries with so-called exceptional access loans.
  • IMF commented that this is a “standard and routine procedure for all IMF programs involving lending above normal borrowing levels,” without commenting on the timing of the board’s review. (BBG)
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  • Executive board set to review Argentina’s current $44 billion aid program next month, according to people familiar with the matter. The board is tentatively set to meet in early January to evaluate a staff report on the agreement Argentina struck with the IMF in 2022
  • The so-called ex-post evaluation assesses the program’s design and implementation, and is a standard practice for countries with so-called exceptional access loans.
  • IMF commented that this is a “standard and routine procedure for all IMF programs involving lending above normal borrowing levels,” without commenting on the timing of the board’s review. (BBG)