(Another) New Deal With The IMF
Summary by Global Finance Magazine
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(Another) New Deal With The IMF
Last month, Milei flew to Mar-a-Lago to meet Donald Trump, hoping the US president would help him secure fresh funds. A week later, the IMF’s executive board greenlit a loan of $20 billion. The same day, Milei addressed the nation on television: “Today, we are breaking the cycle of disillusionment and disenchantment and beginning to move forward for the first time.” Since its first rescue package in 1958, Argentina has been the recipient of mo…
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