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IMF board could discuss Argentina deal on Friday, La Nacion reports

By Thomson Reuters Apr 8, 2025 | 1:14 PM

BUENOS AIRES (Reuters) – The board of the International Monetary Fund (IMF) could discuss a pending loan deal with Argentina in a Friday meeting, local newspaper La Nacion reported on Tuesday, citing diplomatic sources.

Argentina desperately needs the $20 billion deal to unlock investment-blocking capital controls, bolster depleted foreign reserves and come out of a tight inflationary pinch.

(Reporting by Buenos Aires newsroom; Editing by Natalia Siniawski)