Press Release No. 23/253

Statement by the IMF Spokesperson on Argentina

June 30, 2023

Washington, DC: Ms. Julie Kozack, Director of Communications at the International Monetary Fund (IMF), issued the following statement today following a standard informal Executive Board briefing on Argentina that took place yesterday:

“IMF staff and the Argentine authorities will continue to advance their work in the coming days, with the aim of reaching agreement on the fifth review of the Fund-supported program.

“Technical discussions continue on a policy package to safeguard economic stability in the context of a challenging situation, partly affected by the historic drought. Discussions are focused on strengthening macroeconomic policies to support reserve accumulation and improve fiscal sustainability, while protecting the most vulnerable.

“The Argentine authorities continue to remain current on their financial obligations to the Fund.”