IMF reaches staff-level agreement for $2 billion disbursement to Argentina


A view of the International Monetary Fund (IMF) logo at its headquarters in Washington, D.C., U.S., November 24, 2024. REUTERS/Benoit Tessier/File Photo

(Reuters) -The International Monetary Fund said on Thursday it has reached a staff-level agreement on the first review of its extended fund facility with Argentina, potentially unlocking about $2 billion for the economically embattled Latin American nation.

The executive board meeting for the review, part of Argentina's $20 billion loan program with the lender, is expected to take place later this month, the IMF said in a statement.

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