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Today: April 25, 2025

IMF board could discuss Argentina deal on Friday, La Nacion reports

FILE PHOTO: A view of the International Monetary Fund (IMF) logo at its headquarters in Washington, D.C.
April 08, 2025
Reuters - Reuters

BUENOS AIRES (Reuters) - The board of the International Monetary Fund (IMF) could discuss a pending loan deal with Argentina in a Friday meeting, local newspaper La Nacion reported on Tuesday, citing diplomatic sources.

Argentina desperately needs the $20 billion deal to unlock investment-blocking capital controls, bolster depleted foreign reserves and come out of a tight inflationary pinch.

(Reporting by Buenos Aires newsroom; Editing by Natalia Siniawski)

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