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[POLITICS] · Argentina · 75 sources

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Kristalina Georgieva backs Milei's economic program in Argentina

Kristalina Georgieva, managing director of the International Monetary Fund, arrived in Argentina on 27 July 2026 at the invitation of President Javier Milei. In press briefings with Economy Minister Luis Caputo she said the IMF sees Argentina “on a good path” and that the country will not need new IMF financing. She highlighted the strengthening of foreign‑exchange reserves, the sharp slowdown in inflation and the reduction of poverty from roughly 50 % to 20 %.

Georgieva met privately with President Milei and later with a cabinet of senior officials. The visit also included a scheduled tour of the Vaca Muerta Loma Campana shale field in Neuquén, where she was received by YPF president Horacio Marín. The trip is intended to reinforce IMF support for the government’s fiscal‑discipline and structural‑reform agenda ahead of the third review of the extended‑facility programme and the 2027 foreign‑currency debt‑repayment schedule.

The IMF staff report warned of “exceptional risks” to debt sustainability, estimating 2027 foreign‑currency debt at about US$32.3 billion, while noting that inflation fell from 25.5 % in December 2023 to 1.9 % in June 2024 and that reserves have risen to roughly US$30 billion.

Entities

Argentina · Horacio Marín · International Monetary Fund · Javier Milei · Kristalina Georgieva · Luis Caputo · Vaca Muerta · Vaca Muerta (Loma Campana) · YPF

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Sources

about 2 months ago
LLEGA EMISARIA DEL FMI [diarioelatlantico.com.ar]
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