Main content

Argentina and the IMF reach agreement on a last minute loan

Argentina has reached a $7.5bn dollar agreement with the International Monetary Fund, as it tries to get its troubled economy back on track.

Argentina has reached a $7.5bn agreement with the International Monetary Fund, as it tries to get its troubled economy back on track.

The South American nation has been in negotiations with the Fund for months over its $44 billion loan program. That's the biggest outstanding deal that the IMF has with any country anywhere in the world.

(Picture: Argentine pesos in cash and Argentina flag. Picture credit: Getty Images)

Available now

27 minutes

Last on

Fri 28 Jul 2023 22:32GMT

Broadcasts

  • Fri 28 Jul 2023 21:32GMT
  • Fri 28 Jul 2023 22:32GMT