Buenos Aires, April 15, 2025 (AFP) - Argentina receives first tranche of $20 bn IMF loan

NAMPA / AFP

2025-04-16

Argentina on Tuesday received an initial $12 billion from a new $20 billion loan agreed by the International Monetary Fund, which the central bank said would be used to boost its reserves. The South American country has loosened currency controls to receive about $42 billion from the IMF, World Bank and International Development Bank. The initial $12 billion will increase central bank reserves to nearly $37 billion, the institution said. On Mond......

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