International Monetary Fund

IMF board approves $5.4 bn for cash-strapped Argentina

The International Monetary Fund's (IMF) executive board has announced a $5.4 billion disbursement to Argentina, part of a $44 billion loan program as the South American nation faces a severe economic panorama.

Argentina is the target of the largest assistance program currently under IMF implementation.

Biden, Fernandez affirm ‘economic integration’

U.S. President Joe Biden on March 29 hailed an "enormous opportunity" to increase economic integration with Argentina as he hosted the South American country's President Alberto Fernandez at the White House.

"This meeting is a chance to reaffirm that nothing is beyond our reach if we work together," Biden said seated next to his counterpart in the Oval Office.

IMF and Ukraine reach $15.6 billion loan agreement

The International Monetary Fund (IMF) said on March 21 it has reached agreement with Ukrainian authorities on a loan package worth around $15.6 billion, to support the conflict-hit country's economic recovery.

The European country has been locked in a deadly war with Russian troops since they invaded the country in February last year.

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