Economics
IMF Board to Discuss Argentina $45 Billion Deal on March 25
- Board approval is final step after congress passed law
- Payments due next week to be combined, pushed out to March 31
Demonstrators hold signs during a protest against the International Monetary Fund (IMF) agreement as lawmakers vote on the bill outside the National Congress building in Buenos Aires, Argentina, on March 17.
Photographer: Marcos Brindicci/BloombergThis article is for subscribers only.
The International Monetary Fund announced Saturday that its board of directors will discuss Argentina’s $45 billion agreement on Friday, the final step of approval after two years of negotiations.
If approved, it would be Argentina’s 22nd IMF program and the latest chapter in the country’s tumultuous relationship with the Washington-based lender. The pending agreement would refinance payments owed from a record IMF bailout given to the previous government in 2018 that failed to stabilize the economy.