Free Trial

Staff-Level Agreement on Loan Review Reached With IMF

ARGENTINA
  • IMF staff, Argentine authorities reach staff-level agreement on first review under Argentina’s 30-month extended fund facility arrangement, according to IMF statement. (BBG)
    • “All quantitative program targets in the first quarter of 2022 were met. Initial progress is also being made on the growth-enhancing reforms in line with program commitments”.
    • Upon completion of the review, Argentina would have access to about $4.03 billion, equivalent to SDR 3 billion, IMF says.
  • Full statement here: https://www.imf.org/en/News/Articles/2022/06/08/pr22189-argentina-imf-and-reach-staff-level-agreement-on-the-first-review

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.