IMF boosts support for Argentina to $56.3bn

IMF logo
Photo: Flickr/freeimage4life

The executive board of the International Monetary Fund gave the green light to increase its ongoing programme with Argentina on October 26, following months of higher market turbulence.

The three-year standby arrangement approved in June has been boosted to $56.3 billion, up from $50 billion, making it the largest programme in the IMF’s history. The fund also completed the first review of the programme, which allows national authorities to draw $5.7 billion.

Total transfers since June amount

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: