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Program With The IMF To Last Two And A Half Years, Worth $44.5B

ARGENTINA
  • Argentina plans to reduce central bank assistance to treasury
    • Argentina plans to reduce monetary assistance to 1% gdp in 2022
    • Argentina plans to reduce monetary assistance to 0.6% gdp 2023
    • Argentina to reduce monetary assistance to near zero in 2024
  • Argentina will move towards structure with real positive rates
  • Argentina to continue price agreements as part of CPI approach
  • Argentina's FX policy to continue as it has, no large FX jumps
  • Argentina aims to grow foreign reserves by $5b in 2022
  • Argentina won't make labor reform or privatize public companies
  • Argentina's understanding with the IMF is 'reasonable'
  • Argentina's new program with the IMF is worth $44.5b (All BBG)

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