Salem Radio Network News Friday, July 1, 2022

Business

IMF says reaches staff-level agreement with Argentina

BUENOS AIRES (Reuters) – The International Monetary Fund (IMF) said Wednesday it had reached a staff-level agreement on an updated macroeconomic framework with Argentine authorities, allowing the country access to about $4.03 billion.

The IMF said in a statement that the country had met all quantitative targets in the first quarter and that annual objectives remained unchanged.

(Reporting by Eliana Raszewski; Writing by Brendan O’Boyle; Editing by Christian Plumb)

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