Argentina
An IMF mission will arrive in Argentina to resume the program review
The organization’s staff will arrive on September 21, according to Perfil. The visit will take place just days before a payment of about US$806 million to the Fund falls due.
The International Monetary Fund will send a mission to Argentina on September 21 to resume the third review of the program agreed with the Government, according to Perfil. The staff will assess the economy’s performance and the country’s compliance with the agreed targets.
According to that outlet, it will be the organization’s second staff visit to the country so far this year. The review will begin in a sensitive week for the relationship with the Fund, as a payment of nearly US$806 million falls due on September 25.
Perfil noted that the IMF will closely monitor foreign-currency availability, in a context in which the Government is seeking to strengthen reserves and open new sources of financing. In that assessment, exports and the inflow of dollars emerge as central variables.
In addition, other reforms promoted by the administration of Javier Milei will be examined during the mission. Among the points mentioned by Perfil are the reform of the Central Bank, the 2027 budget and a tax reform whose draft is scheduled for December.
The outlet also indicated that the organization is watching the rise in delinquency among Argentine households. The IMF spokesperson, Julie Kozack, said that for now that phenomenon does not pose a significant risk to financial stability and raised the need to deepen financial markets to channel credit and savings.
According to Perfil, the Government took on the commitment to reach a fiscal surplus equivalent to 1.4% of GDP in 2026. The IMF, meanwhile, updated its projections for the Argentine economy and now estimates growth of 3.5% this year and inflation of 25%.
Before the trip to Buenos Aires, the Fund’s board will meet in Washington to discuss the design of its programs, Perfil added. That debate will have an impact on countries with agreements in force with the organization, including Argentina.
Sources
About this note. Written by El Notero with the assistance of artificial intelligence, based on what was published by the cited outlet. El Notero did not conduct its own reporting on this event.
