The International Monetary Fund reduces the goals of foreign exchange reserves for Argentina

The International Monetary Fund announced the reduction of the goals of the accumulation of foreign exchange reserves for Argentina within the financing program of $ 20 billion, until 2026, and a review that was scheduled before the country’s legislative elections was canceled next October. Specified for the year 2027 unchanged, according to what was reported by the & quot; Investing & quot; Economic. The Fund is the first review of the $ 20 billion support program, which was adopted last April, where about 14 billion dollars has been spent so far in favor of Argentina within this new program.

& nbsp; Its obligations towards the fund still face exceptional risks, and depends significantly on the strong implementation of the policies aimed at enhancing reserve coverage and ensuring the continued access to the markets with more appropriate conditions before the payment dates & quot;

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