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Nation Would Receive $9.8b In First IMF Disbursement

ARGENTINA
  • Argentina's Economy Minister Guzman speaks in radio interview:
  • Argentina would receive $9.8b in first imf disbursement (BBG)
  • As a reminder, Argentina inked an agreement with the staff of the International Monetary Fund on a new program Thursday, a key step toward finalizing a $45 billion deal after almost two years of negotiations.
  • The staff-level accord, which includes commitments to narrow the government’s fiscal deficit and money-printing while unwinding energy subsidies, will seek to address the country’s “persistent” high inflation and improving public finances, according to a statement released by the IMF. (BBG)
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