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The International Monetary Fund (IMF) on Wednesday agreed to disburse another tranche of loans to Argentina, following the completion of its seventh review. The IMF Executive Board's decision enables an immediate disbursement of around $4.7 billion to support the Argentine government's policy efforts "and strong commitments to restore macroeconomic stability and help Argentina meet its balance of payments needs," the IMF said in a Wednesday statement. The board assessed that key program targets

The International Monetary Fund will allow Argentina to defer the last review of its $44 billion loan by two months, giving the government more time to apply reforms and potentially negotiate a new program, according to people with direct knowledge. Government and IMF officials have agreed that the last review of the current package, initially set for September, will be postponed to November, said three sources, who asked not to be named because the information is not public. In Argentina's case, this is the first time the date of the last review on a loan agreed in 2022 changes.

International Monetary Fund (IMF) chief Kristalina Georgieva will meet with Ukrainian President Volodymyr Zelenskiy in Washington on Monday, an IMF spokesperson said, as the fund's executive board prepared to release more funds from the country's $15.6 billion loan program. An IMF spokesperson confirmed Georgieva's meeting with Zelenskiy, but gave no time for that meeting or the meeting where the IMF board will review Kyiv's progress on a four-year Extended Fund Facility loan approved earlier this year. The IMF last month announced a staff-level agreement with Ukraine on ...

Eastern Music Festival Welcomes New Board Members and Announces New Board Chair

"Dollarization would be very positive for Argentina," said Mark Rosen, who was a US member of the IMF board.