The IMF welcomed the government's measures to increase reserves: "They have continued to make significant progress."

International Monetary Fund ( IMF ) spokesperson Julie Kozack highlighted the economic progress of Javier Milei 's administration and welcomed its recent measures to accumulate reserves . She revealed that a team from the international organization will arrive at the end of the month to monitor the situation within the country and hold meetings with members of the Executive Branch.
"A technical mission will visit Buenos Aires at the end of June to assess progress toward the program's goals and objectives , as well as to discuss the authorities' reform agenda. Overall, and despite the more challenging environment, the authorities, as I mentioned, have continued to make notable and impressive progress ," the official acknowledged.
The spokesperson emphasized that the Milei government's policies "continue to evolve and yield impressive results, as we have already noted." She also highlighted the recent measures announced by the Central Bank and the Ministry of Finance, which represented "another important step in the efforts to consolidate disinflation, support the government's financing strategy, and rebuild reserves ."
This was in reference to measures to strengthen the monetary framework and improve liquidity management. These measures, the spokesperson stated, "are important to continue reducing inflation and inflation expectations ," in addition to the Treasury's "successful re-entry into the capital markets and other measures to mobilize financing for Argentina ."
On the other hand, the spokesperson stated that "the country's overall stability continues to be supported by the implementation of a solid fiscal anchor ," which will be positive for Argentina in the future. She also maintained that the Fund's technical team continues to collaborate "frequently and constructively with the Argentine authorities" as part of the program review process.
Finally, she acknowledged that the IMF maintains an optimistic outlook regarding the government's economic progress. "Despite the complex environment, the authorities have continued to achieve notable and impressive progress," she added. She recalled that the IMF's Executive Board approved a new four-year Extended Fund Facility (EFF) agreement on April 11, worth USD 20 billion. The initial disbursement was USD 12 billion.
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