IMF to Vote Next Week on Argentina’s Review To Unlock $1 Billion

The International Monetary Fund’s executive board will meet next week to discuss Argentina’s latest program review that would unlock a $1 billion disbursement, spokesperson Julie Kozack said Thursday.

“The authorities have demonstrated a strong and unwavering commitment to the zero balance fiscal anchor,” Kozack told reporters at a regular press conference in Washington. “That fiscal anchor, as we’ve discussed here before, is something that we see as critical to underpinning the decline in inflation and to restoring confidence.”