Loan to Trump Ally Argentina Went Against IMF Board Concerns

Milei and Trump at the CPAC meeting of US conservatives in February.Photographer: Samuel Corum/Sipa/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Manuela Tobias and Eric Martin

April 24, 2025 at 11:31 PM UTC

Updated on

April 25, 2025 at 6:53 PM UTC

This article is for subscribers only.

Subscribe to Economics Daily for the latest news and analysis.

The IMF’s latest jumbo loan to Argentina — a serial defaulter now led by a close Donald Trump ally – raised red flags for many of the Fund’s top decision-makers. It got a green light anyway.