IMF board could discuss Argentina deal on Friday, La Nacion reports
FILE PHOTO: A view of the International Monetary Fund (IMF) logo at its headquarters in Washington, D.C., U.S., November 24, 2024. REUTERS/Benoit Tessier/File Photo
BUENOS AIRES (Reuters) - The board of the International Monetary Fund (IMF) could discuss a pending loan deal with Argentina in a Friday meeting, local newspaper La Nacion reported on Tuesday, citing diplomatic sources.
Argentina desperately needs the $20 billion deal to unlock investment-blocking capital controls, bolster depleted foreign reserves and come out of a tight inflationary pinch.
(Reporting by Buenos Aires newsroom; Editing by Natalia Siniawski)
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