IMF unlocks funds to Argentina, boosting reserves $2.5 bln - data, source
Posted on AllSides March 31st, 2023
From The Center
BUENOS AIRES, March 31 (Reuters) - The International Monetary Fund (IMF) approved Argentina's fourth review under its $44 billion loan program on Friday, unlocking the disbursement of some $5.3 billion dollars to the indebted country, a central bank source and data showed. The country's central bank foreign reserves jumped by $2.5 billion on Friday versus a day earlier, data from the bank showed. That reflected the new IMF funds minus $2.7 billion of repayments Argentina had to make to the lender on Friday. "The disbursement from the Fund entered and...