The funds are the third tranche of a $20 billion program for Argentina announced in April 2025

The funds are the third tranche of a $20 billion program for Argentina announced in April 2025

 Tierney CROSS

The International Monetary Fund (IMF) said Wednesday it had reached an agreement with the highly indebted Argentine government as it reviews the country's financial reforms, paving the way for a $1 billion dollar disbursement.

"Policy momentum has strengthened in recent months," the IMF said, noting that its monetary and exchange rate policies are "improving Argentina's capacity to manage shocks."

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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