IMF chief says Argentina is better positioned to meet debt obligations under Milei
BUENOS AIRES, Argentina (AP) — International Monetary Fund Managing Director Kristalina Georgieva praised Argentine President Javier Milei’s austerity policies and reform agenda Monday, saying they have restored market confidence in a country long regarded as a serial defaulter on its sovereign debt. Georgieva, the first IMF head to visit Buenos Aires in eight years, expressed confidence that Argentina could meet its debt obligations.
Reported by 3 outlets — Seattle Times, Investing.com · Economy. See all sources ↓
BUENOS AIRES, Argentina (AP) — International Monetary Fund Managing Director Kristalina Georgieva praised Argentine President Javier Milei’s austerity policies and reform agenda Monday, saying they have restored market confidence in a country long regarded as a serial defaulter on its sovereign debt. Georgieva, the first IMF head to visit Buenos Aires in eight years, expressed confidence that Argentina could meet its debt obligations. As the fund’s largest debtor with about $58 billion in outstanding IMF loans, Argentina faces a key repayment period beginning next year, when Milei is expected to seek reelection. “Argentina is in a much stronger position, and this is the result of the government’s hard work and the perseverance and sacrifice of the Argentine people,” Georgieva said at a news conference alongside Economy Minister Luis Caputo.
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- BUENOS AIRES, Argentina (AP) — International Monetary Fund Managing Director Kristalina Georgieva praised Argentine President Javier Milei’s austerity policies and reform agenda Monday, saying they have restored market confidence in a country long regarded as a serial defaulter on its sovereign debt. Georgieva, the first IMF head to visit Buenos Aires in eight years, expressed confidence that Argentina could meet its debt obligations.
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IMF chief says Argentina is better positioned to meet debt obligations under Milei
Sources2TypeCoverageSeattle Times
Investing.com · Economy