IMF's Georgieva to visit Argentina in late July

WASHINGTON, July 8 (Reuters) - ‌International Monetary ​Fund ​Managing Director Kristalina Georgieva will visit Argentina at the end of ‌July, IMF spokesman Pierre Mejlak said on ⁠Wednesday.

The visit, announced earlier by Argentine Economy Minister Luis ‌Caputo, will mark ‌Georgieva's first visit to the South American country in her current role, although she ​has held numerous meetings with Argentine officials elsewhere.

Mejlak said Georgieva would meet with ⁠Argentine President Javier Milei and Caputo during the short visit. He ​said the IMF chief had long planned to visit Argentina.

Caputo said on ​Monday the government expects ‌to meet debt payments through 2027 with multilateral loans, privatizations and local ⁠bond issuance, while avoiding a return to international bond markets for now.

Argentina faces a foreign-currency ⁠debt test in 2027 - the year Milei has said ​he will seek re-election - with over $23 billion in foreign-currency principal payments due, or more than $32 billion including ‌interest, according to IMF data.

The IMF is forecasting Argentina's gross domestic product ‌growth will drop to 3.5% in Argentina ⁠in 2026 from ‌4.4% last year, ​before rebounding to 4% in 2027.

(Reporting by Andrea Shalal; Editing by Chizu ‌Nomiyama)

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