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Argentina repaid $2.5 billion from a Trump-era U.S. credit line, aiding economic stability and U.S.-Argentina relations.
Argentina has repaid $2.5 billion from a $20 billion U.S. credit line established under the Trump administration, U.S. Treasury Secretary Scott Bessent announced.
The repayment, confirmed by Argentina’s central bank, supports President Javier Milei’s economic reforms and helped stabilize the economy ahead of midterm elections.
The emergency funding prevented a market collapse and enabled Argentina to issue a dollar-denominated bond for the first time in eight years.
Bessent called the repayment a success for U.S. foreign policy and an "America First" achievement, while Argentina’s economy minister credited the support as key to strengthening U.S.-Argentina ties.
Despite progress, challenges remain, including low foreign exchange reserves and upcoming debt obligations to the IMF and private lenders.
Argentina reembolsó $ 2.5 mil millones de una línea de crédito estadounidense de la era Trump, ayudando a la estabilidad económica y las relaciones entre Estados Unidos y Argentina.