THE International Monetary Fund said yesterday it has reached an agreement with the government of Argentina on the fourth review of the aid package for the South American country, paving the way for the disbursement of some US$5.3 billion (RM23.96 billion).
The new tranche of funding, which should be approved “in the coming weeks” by the institution’s board of directors, brings the amount of funds allocated to Argentina since the signing of the aid program in March 2022 to Us$28.8 billion.