Argentina Negotiates New Financial Program with IMF for $12 Billion Disbursement

On January 28, 2025, a mission from the International Monetary Fund (IMF), led by Luis Cubeddu, arrived in Argentina to discuss a new financial program. The Argentine economic team, headed by Minister Luis Caputo, held meetings with IMF technicians to finalize the details of a plan aimed at securing a $12 billion disbursement. This funding is intended to bolster the country's reserves and facilitate the lifting of currency controls this year.