IMF staff approves fourth review of Argentina’s $44 billion loan program By Reuters


© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo in Washington, United States, September 4, 2018. REUTERS/Yuri Gripas

NEW YORK (Reuters) – The International Monetary Fund and Argentina reached a staff-level agreement on the fourth review of their $44 billion program, the IMF said in a statement on Monday.

The IMF staff and Argentine authorities requested IMF Board approval to revisions of reserve targets at the central bank, given the severe drought affecting the grains-exporting country.


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