IMF Staff Country Reports

Argentina: Ex-post Evaluation of Exceptional Access under the 2022 Extended Fund Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Argentina

January 10, 2025

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Format: Chicago

International Monetary Fund. Western Hemisphere Dept. "Argentina: Ex-post Evaluation of Exceptional Access under the 2022 Extended Fund Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Argentina", IMF Staff Country Reports 2025, 003 (2025), accessed March 16, 2025, https://doi.org/10.5089/9798400299001.002

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Summary

On March 25, 2022, the IMF Executive Board approved a 30-month arrangement for Argentina supported by the Extended Fund Facility (2022 EFF). Amounting to US$44 billion (1,001 percent of quota), it was the second largest non-precautionary arrangement in the Fund’s history after the 2018 Stand-by Arrangement for Argentina (2018 SBA). Of the planned 10 reviews, eight were completed. The arrangement is set to expire at end-2024.

Subject: Central Banks, Fiscal consolidation, Fiscal policy, Foreign exchange, Inflation, International reserves, Prices, Reserves accumulation

Keywords: Disinflation process, Fiscal consolidation, Global, IMF view, Inflation, International reserves, Lending decision, Policy strategy, Program ownership, Reserves accumulation, Risk tolerance

Publication Details

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