HomeEconomyThe IMF will pay...

The IMF will pay $ 4 billion to Argentina

The IMF announced on Friday, June 24, the allocation of $ 4 billion to Argentina after completing the first review of a major loan program with the country. “In the face of growing global uncertainty, the Board has assessed that all current performance benchmarks մարտի the March 2022 Indicative Targets have been met, that the initial structural progress.”commented the IMF.

Argentina, which is coming out of a three-year recession, is facing high levels of poverty and rapid inflation. The International Monetary Fund (IMF) on March 25 approved a $ 44 billion bailout plan for Argentina over a 30-month period, of which $ 9.65 billion was disbursed immediately. This is the 13th agreement between the IMF and Argentina since the return of democracy in 1983.

The agreement between the “Fund” of Argentina envisages a number of macroeconomic measures to control the country’s chronic inflation (50.9% in 2021) and to reduce the budget deficit (3% of GDP in 2021) by 2025. balance: All under regular IMF monitoring. . Instead, the debt will not be repaid until 2026, after a four-year grace period that will run until 2034. Time, according to Buenos Aires, to anchor sustainable growth (10.3% in 2021). Revenue generator.

Source: Le Figaro

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Russia will help you go to the depression of swamp bombing – Reuters

The country of the aggressor will not be able to quickly replace the strategic aircraft that were lost as a result of a wide security service for websites. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle...

Possible GTA 6 leakage reveals news in the gameplay

Some items and details about news from the new Grand Theft Auto VI game were possibly leaked on social networks; look!It will be? A new Reddit publication has created more speculation about what players can expect from 'Grand Theft Auto VI'. The game, officially postponed in early...

In Latka, the skeleton of the bend and posts (photographs) was struck

As a result of the Russian attack, the number of death in Latsk increased. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Rescuers owed the body of a 27-year-old dead...

The Russian Federation was elected in Magatta in the void, the busy Zaes will begin

The country aggressor announced the desire to restart the occupied Zaporizhjhya NPP. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The invaders have already contacted the IAEA so that the...

James Gunn confirms post-credit scene in ‘Superman’

With the next launch, the new creative director of the DC universe, James Gunn, confirms that 'Superman' will have scenes you creditsThe premiere of the new Steel Man movie is getting closer and closer and with it news is being released by the producers. 'Superman' will be...