Argentina Negotiates $20 Billion Program with IMF Amid Market Volatility

Argentina's Economy Minister Luis Caputo announced on Thursday that the country is negotiating a $20 billion program with the International Monetary Fund (IMF). Caputo stated that he received permission from IMF Managing Director Kristalina Georgieva to disclose the amount due to recent market turbulence and speculation. He anticipates the IMF board will convene in the coming weeks to vote on the loan agreement.

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