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IMF finishes Argentina visit amid doubts over reserve accumulation

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29.06.2025

An International Monetary Fund (IMF) technical mission finished its visit to Buenos Aires on Friday amid doubts about Argentina’s capability to reach its international reserves accumulation target.

An IMF source told the Herald that talks between mission chief Bikas Joshi and Argentine authorities “continue to be constructive.”

In April, the Argentine government signed a US$20 billion Extended Fund Facility (EFF) arrangement with the IMF. The program’s first review was this month, with an anticipated subsequent disbursement of US$2 billion.

So far, numbers indicate that the government has met goals such as the primary balance, as well as caps to the Central Bank’s financing of the national administration and the........

© Buenos Aires Herald