Argentina: Request for an Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Argentina
IMF Staff Country Reports, April 11, 2025
Source details
- Canonical URL
- Argentina: Request for an Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Argentina
Other formats
Bibliographic details
- Published: April 11, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229009188.002
Summary
- The paper highlights Argentina’s Request for an Extended Arrangement under the Extended Fund Facility.
- The arrangement supports the transition to a new phase of the authorities’ stabilization and growth plan to:
- entrench macroeconomic stability,
- strengthen external sustainability, and
- deepen structural reforms to create a more open and market-oriented economy.
- The program builds on ongoing efforts to deregulate the economy and seeks to deepen structural reforms to boost growth, including leveraging Argentina’s potential in energy and mining.
- Given a global backdrop of elevated and escalating risks, the authorities have contingency plans in place, to be complemented by agile policymaking in program reviews to refine macroeconomic policies as needed to meet program objectives and durably restore stability.
Policy priorities and macro framework
- Policy priorities will center on:
- sustaining a strong fiscal anchor,
- transitioning to a more robust monetary and foreign exchange regime, with greater exchange rate flexibility, and
- advancing reforms to foster productivity, competitiveness, and growth.
Structural reforms and growth drivers
- Program emphasis:
- deepen structural reforms,
- capitalize on vast potential in energy and mining,
- continue deregulation to create a more open, market-oriented economy.
Risks, contingency planning, and program implementation
- Global environment characterized as having elevated and escalating risks.
- Authorities have contingency plans.
- Program reviews will allow agile policy adjustments to refine macroeconomic policies to meet program objectives and restore stability.
Content in this bundle
- 1argea2025002-print-pdf