The International Monetary Fund said on Thursday it will send a technical team to Buenos Aires in late June to review Argentina’s progress under a $20 billion loan agreement.
The visit will assess targets, discuss the government’s reform plans, and continue regular engagement with Argentine officials.
The IMF said it supports recent economic steps taken by Argentina’s central bank and finance ministry. Earlier this week, the central bank introduced a set of measures aimed at building reserves, including a repurchase agreement worth up to $2 billion.
These steps are part of President Javier Milei’s broader economic plan, which includes floating the peso, easing monetary controls, and improving the central bank’s financial position.
The IMF said the new actions will help reduce inflation, support the government’s financing efforts, and strengthen reserves. It also noted that the treasury’s return to capital markets and other financing steps are expected to contribute to economic stability.
The IMF described its engagement with Argentina as frequent and constructive, and said the country has continued to make progress under the current program.
