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Argentina’s New Economy Chief Wins IMF Praise on First Trip

  • Kristalina Georgieva backs Massa’s ‘strong steps’ on economy
  • IMF’s staff aims to conclude Argentina review in coming days
Sergio Massa
Sergio MassaPhotographer: Anita Pouchard Serra/Bloomberg
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Argentine Economy Minister Sergio Massa won praise from International Monetary Fund Managing Director Kristalina Georgieva as he capped a week-long trip to the US aimed at securing the lender’s support in a review of a $44 billion loan-program. 

Georgieva congratulated Massa, who took over six weeks ago, for the “strong steps” he’s taken to stabilize Argentina’s economy and “his clear intention to mobilize external support,” according to a statement on Monday.