Argentina · Sovereign Finance
Key Facts
—Decision: The IMF executive board approved the second review of Argentina’s 48-month Extended Fund Facility on Thursday, releasing the long-awaited IMF Argentina disbursement of $1 billion immediately to the Banco Central.
—Cumulative aid: Total disbursements under the program reach $15.8 billion of the $20 billion ceiling agreed in April 2025, leaving roughly $4.2 billion to be released across remaining program reviews.
—Reserves: Argentina missed its end-2025 net international reserves target but received an implicit waiver; the 2026 target was relaxed to $8 billion of net accumulation, with Banco Central committed to gross dollar purchases of at least $10 billion.
