Argentina and the IMF: Can This Marriage Be Saved?

[Vince]

2025 will be interesting to say the least. Maybe Argentina will get lucky with the Saudi's or some wealthy Middle Eastern nation that have several billion $$$$ to spare.

 

[Finance Prof]

2025 will be interesting to say the least. Maybe Argentina will get lucky with the Saudi's or some wealthy Middle Eastern nation that have several billion $$$$ to spare.

I hope so. Doubt the IMF will lend more. Look at the countries with the biggest debt to the IMF. Puts things in perspective. Look at all the maturities due in 2025. Not going to be pretty. The longer they wait to get rid of the CEPO the worse it's going to be.

Argentina needs to get off its dependence on the IMF ASAP.

 

[Piranha]

It sounds like the IMF had some good meetings with Argentina. I'm worried about Argentina just continuing to add billions more in debt. That is what Macri did and it crippled Argentina.

IMF to think about what is best for Argentina, says Georgieva

Argentina's Economy Minister Luis Toto Caputo met Thursday in Washington DC with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, who then announced that “we have an objective, which is to think together, as a single team, what is best for Argentina”.

en.mercopress.com

 

[Finance Prof]

The IMF predicts Argentina will have the biggest growth out of all the Latin American economies for 2025.