IMF agrees to loan up to $50bn for Argentina

The International Monetary Fund has agreed to lend Argentina up to $50bn (£37.2bn) as the country seeks to bolster its struggling economy.

The three-year agreement must still be approved by the IMF board.

Argentina, which has been plagued by economic problems for years, asked for assistance from the IMF on 8 May after its currency hit an all-time low.

The country has committed to tackle its double digit inflation and public spending as part of the deal.
 BBC
8/6/18
-
Related:
 

• "Perdemos soberanía": Las posibles consecuencias para Argentina de un acuerdo con el FMI
• Le FMI entend conclure un accord rapidement avec l'Argentine
• Argentina: El dólar rompe un nuevo récord pese a las medidas del Gobierno y el acuerdo con el FMI

--

  

• Mauricio Macri vows new era as Argentine president
• Peso argentino se deprecia más de 40% frente al dólar