Weekly Report - 10 April 2025 (WR-25-14)

ARGENTINA | IMF approves loan deal. Argentina’s President Javier Milei celebrated the successful conclusion of a staff-level agreement with the International Monetary Fund (IMF) on 8 April, embracing his economy minister, Luis Caputo, in a social media post. The 48-month arrangement under the Extended Fund Facility (EFF), which totalled US$20bn, still requires approval by the IMF’s executive board but that should follow soon, possibly as early as 11 April.