IMF approves US$5.4 billion for cash-strapped Argentina | The Malaysian Insight

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IMF approves US$5.4 billion for cash-strapped Argentina

A woman sells items on the street in Buenos Aires. Argentina registers inflation of 94.8%, preventing the country from reaping the benefits of an upturn in activity. – AFP pic, April 1, 2023.

THE International Monetary Fund’s executive board yesterday announced a US$5.4 billion disbursement to Argentina, part of a US$44 billion loan programme as the South American nation faces a severe economic panorama.Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

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