IMF staff agree outline of deal with Argentina

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The International Monetary Fund announced today (January 28) that it had reached a staff-level agreement with Argentina for a new aid programme.

The deal would succeed a failed 2018 programme that ultimately amounted to $57 billion, the largest the IMF has ever disbursed. That loan was cancelled in 2020 after a change of government. 

The IMF said the two sides had reached an understanding on key policies”, including a monetary policy framework aiming to “deliver positive real interest rates”

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