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IMF discusses new loan with Argentina as it faces economic challenges post-$44B program.
The International Monetary Fund (IMF) is in talks with Argentina for a new loan agreement as the current $44 billion program expires on December 31.
Under President Javier Milei, Argentina has seen significant reductions in inflation and fiscal improvements, though these gains came with a 52% devaluation of the peso and increased unemployment and poverty.
The IMF projects Argentina's economy to shrink by 3.9% this year but expects a 5% growth in 2025.
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El FMI discute un nuevo préstamo con Argentina, ya que enfrenta desafíos económicos después del programa de $44B.