Argentina’s new economy chief wins IMF praise

FILE PHOTO: Argentina's new Economy Minister Sergio Massa talks to the media after being sworn in, at the Economy Ministry in Buenos Aires, Argentina, August 3, 2022. REUTERS/Matias Baglietto

BUENOS AIRES: Argentine Economy Minister Sergio Massa capped a week-long marathon trip to the United States, aimed at securing an International Monetary Fund (IMF) review of Argentina’s US$44bil (RM198.3bil) programme with the Washington-based lender and earning the praise of its managing director Kristalina Georgieva in the process.

According to a statement on Monday, Georgieva congratulated Massa, who took over six weeks ago, for the “strong steps” he’s taken to stabilise the economy and “his clear intention to mobilise external support.”