The International Monetary Fund’s (IMF) Executive Board announced on Thursday it had approved the second review of Argentina’s 48-month Extended Fund Facility (EFF) agreement signed in 2025.
As a result, the country will receive about US$1 billion, equivalent to 0.8 billion of Special Drawing Rights (SDR), the IMF’s international reserve asset. With these funds, 80% of the initially agreed US$20 billion has already been completed.
Economy Minister Luis Caputo shared the information on social media and also posted the report prepared by the lender’s board.
Last week, IMF spokesperson Julie Kozack confirmed during a press conference that IMF “board approval” this week would unlock the disbursement.
The statement
