April 8, 2025
PRESS OFFICER: Jose Luis De Haro
Phone: +1 202 623-7100Email: MEDIA@IMF.org
Washington, DC: IMF staff and the Argentine authorities have reached a staff-level agreement on a comprehensive economic program that could be supported by a 48-month arrangement under the Extended Fund Facility (EFF) totaling US$20 billion (SDR 15.267 billion or 479 percent of quota), subject to approval by the IMF Executive Board.
The agreement builds on the authorities’ impressive early progress in stabilizing the economy, underpinned by a strong fiscal anchor, that is delivering rapid disinflation and a recovery in activity and social indicators. The program supports the next phase of Argentina’s homegrown stabilization and reform agenda aimed at entrenching macroeconomic stability, strengthening external sustainability, and unlocking strong and more sustainable growth, while also managing the more challenging global backdrop.
The IMF Executive Board is expected to consider the proposed arrangement in the coming days.
