IMF Agreement: The Government Will Send a DNU to Congress to Obtain Support

Blockchain said:

Doesn't look like the Peronists want the loan. They look like they want the government to fail so they can pounce at the mid-term elections.

Peronists oppose Milei's intention to take another loan from the IMF

Argentina's Justicialist [Peronist] Party (PJ) led by former President Cristina Fernández de Kirchner (CFK) Tuesday expressed its rejection of President Javier Milei's Emergency Decree (DNU) 179/25 clearing the way for further borrowing from the International Monetary Fund (IMF) with no...

en.mercopress.com

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Larry said:

Some of Milei's party neither! There is so much fighting in LLA party. It is funny to watch the party falling apart even before the elections.

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Uncle Wong said:

Is it always like this in these House or Senate meetings? I have only seen a few and there is constant chaos. Megaphones? This is Milei's own party member??

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GlasgowJohn said:

Maybe one day someone will tell us the details of the new IMF deal.....

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GlasgowJohn said:

Maybe one day someone will tell us the details of the new IMF deal.....

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Milei wins lower house approval to agree new IMF loan

Milei granted free hand in negotiations with International Monetary Fund over a new programme as lower house backs decree authorising talks.

www.batimes.com.ar

Uncle Wong said:

But why is it like this John? It seems strange that they wouldn't release the terms and conditions and how much they will give and what if any conditions. Why is this? I just saw this article that says the central bank sold $932 million to prop up the peso! That's over 3.4% of its reserves! I see a lot of people condemning taking on more debt. I see Milei years ago despised the IMF. Sure flipped on that!

Milei wins lower house approval to agree new IMF loan

Milei granted free hand in negotiations with International Monetary Fund over a new programme as lower house backs decree authorising talks.

www.batimes.com.ar

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GlasgowJohn said:

As far as I can see the cash from the IMF is to refinance the current debt.

This will give Milei and Caputo some breathing space.

I dont know why they don't tell the people the true story

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Dos economistas heterodoxos evaluaron la gestión Milei: “Si Argentina sigue endeudándose para sostener el tipo de cambio, solo generará otra crisis”

Mientras Argentina negocia su acuerdo número 23 con el FMI, Ha-Joon Chang y José Antonio Ocampo advierten sobre los riesgos de sostener el tipo de cambio con deuda y la falta de un plan de desarrollo productivo. En diálogo con Infobae, analizaron el impacto del ajuste de Javier Milei, la...

www.infobae.com

Larry said:

They are so desperate. Cristina is right. Caputo put Argentina into debt. Now doing it again. How much will they blow before the elections?

Argentina secures $20B IMF deal, aims to boost Central Bank reserves to $50B

Argentina’s Economy Minister Luis Toto Caputo announced Thursday that the loan negotiated with the International Monetary Fund (IMF) amounts to US$ 20 billion disbursement from the IMF, which, in addition to further borrowing from the Interamerican Development Bank (IDB), the World Bank, and the...

en.mercopress.com

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Will Elon Musk’s plumber pay for Milei’s trips abroad?

There is reason behind the IMF’s decision to throw its weight behind President Milei, which means partnering with his political objectives too.

batimes.com.ar

GlasgowJohn said:

Maybe one day someone will tell us the details of the new IMF deal.....

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Why did Milei apply for another IMF loan and what are the chances of the peso's devaluation? : Peoples Dispatch

Three economists analyze Argentina's secret IMF. Their conclusion: the government, which is secretly negotiating against the clock to achieve exchange rate stability, is about to unravel.

peoplesdispatch.org

Cali Baby said:

I keep seeing old quotes from Milei from years ago about how he hated the IMF so much. Funny to see the flip flop. I guess that shows how desperate he is.

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Avocado said:

Milei has no choice. He and Caputo are very scared. They keep telling lies since last year that the IMF is close to giving money. Now they say close but many reports that there is no agreement.

Bloomberg says today NO agreement and other countries do not agree to give Argentina so much money up front.

https://www.bloomberg.com/news/articles/2025-04-04/imf-met-again-on-argentina-as-upfront-payment-proves-contentious?taid=67f016171e5a770001735d6a&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter

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VINO said:

I thought the IMF deal was a done deal. Didn't the head of the IMF announce the other day that it was a done deal? What happened? I don't have Bloomberg. Does anyone have the link to this so I can read it?

I am worried. What will happen if Argentina does not get the $20 billion? Won't things collapse?

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Wally said:

The member nations of the IMF still has to approve this. The USA only has 16% of the votes. There is no agreement yet. Things are up in the air. The IMF definitely will give billions if not for self preservation. But the up front money is what is in doubt and the amount. There is no way for the IMF to know what the funds will be used for. They don't want Argentina to blow it all on propping up the peso. They can easily blow a few billion in one month doing that.

The Bloomberg article is here archived.

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Uncle Wong said:

I would guess if the IMF did not end up giving the more fresh funds Argentina is in trouble and Milei would probably be toast. The turmoil by his friend Trump couldn't have come at a worse time for Milei!

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