IMF approves second Argentine loan review

The Executive Board of the International Monetary Fund (IMF) on Monday 22 March completed the second review of Argentina's performance under a three-year SDR 8.98 billion (about US$13.3 billion) Stand-By Arrangement.

In completing the review, the Executive Board approved the modification of a structural performance criterion and a waiver for the nonobservance of a performance criterion.

Following the Executive Board's discussion of Argentina, Anne Krueger, Acting Managing Director and Chair

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