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.”

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

China's factory output, retail sales weaken in November
Oil rises on fears of supply disruption as US-Venezuela tensions escalate
Ringgit maintains upward trend, trade firmer against US$
Stocks slip as traders reduce exposure ahead of central bank meetings, key data
FBM KLCI slips after previous-week rally
Trading ideas: Kerjaya Prospek, Lianson, Hume Cement, Orkim, Econpile, Khee San, Mytech, Managepay, Industronic, Evocom, SLGC, Yinson, EWI
Truhome hires four banks for US$300mil IPO
Ringgit to trade cautiously against the US dollar this week
SpaceX sets US$800bil valuation, confirms 2026 IPO plans
Key thrusts for banks next year

Others Also Read