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IMF says reaches staff-level agreement with Argentina

2022.06.09 03:46

IMF says reaches staff-level agreement with Argentina
FILE PHOTO: International Monetary Fund logo is seen outside the headquarters building during the IMF/World Bank spring meeting in Washington, U.S., April 20, 2018. REUTERS/Yuri Gripas

BUENOS AIRES (Reuters) – The International Monetary Fund (IMF) said Wednesday it had reached a staff-level agreement on an updated macroeconomic framework with Argentine authorities, allowing the country access to about $4.03 billion.

The IMF said in a statement that the country had met all quantitative targets in the first quarter and that annual objectives remained unchanged.

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