Economy & Business - November 2026

ARGENTINA | IMF reaches staff-level agreement with Argentina. On 27 October, the International Monetary Fund (IMF) reached a staff-level agreement with Argentine authorities on the third review of Argentina’s Extended Fund Facility (EFF) arrangement, which was signed in April 2025, paving the way for the release of a further US$900m. In a statement, IMF staff commended President Javier Milei’s “prudent fiscal and monetary policies”, which they said had “supported continued disinflation and substantially strengthened Argentina’s external position and buffers”. The IMF also pointed to an improved balance sheet at the central bank (BCRA), which exceeded its end-June net international reserves target by around US$4bn; approved investments of over US$76bn through the government’s large investment incentive scheme (Rigi); and “wide-ranging structural reforms in the areas of trade, labor, investment and capital markets”, among other accomplishments. Argentine authorities agreed to continue prioritising the “fiscal anchor” as the centre of its economic programmes, boosting international reserve buffers, and promoting structural reforms.