Presidential hopeful Sergio Massa is expected to travel to Washington, DC on Tuesday or Wednesday next week to ink a deal with the International Monetary Fund.
Sergio Massa, economy minister and presidential candidate, talks at his campaign headquarters after polling stations closed during primary elections in Buenos Aires, Argentina, August 14, 2023. / Photo: AP Archive
Argentine Economy Minister Sergio Massa will travel to Washington next week to close an agreement with the International Monetary Fund , a ministry official said, as the government seeks to unlock new disbursements from its $44 billion loan deal with the lender. Massa is expected to travel to the United States next Tuesday or Wednesday, the source said on Tuesday, asking not to be named.
In July, the South American nation reached a staff-level agreement with the IMF to unlock about $7.5 billion and complete the fifth and sixth reviews of its struggling loan program.
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