IMF technical staff team lands in Buenos Aires - News Summed Up

IMF technical staff team lands in Buenos Aires


A technical staff team from the International Monetary Fund (IMF) landed in Buenos Aires on Thursday, with the goal of auditing Argentina’s economic program. Now, in order to get an upcoming US$1.1 billion disbursement, Argentina must pass the second review of the new agreement. The “technical mission” is headed by the IMF’s mission chiefs for Argentina, Luis Cubeddu and Bikas Joshi, sources in the lender told the Herald. Private consultants estimate that net international reserves measured using the methodology included in the program with the Fund were around US$13 billion below the committed level. The national administration only began consistently purchasing foreign currency in January, after months in which government authorities said doing so would fuel inflation.


Source: Bueno Aires Herald February 05, 2026 23:16 UTC



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