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Argentina's Milei Pushes IMF Deal Amid Austerity Protests

3/20/2025

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Summary

Story summary

President Javier Milei plans to unveil a new IMF agreement in mid-April after Congress approved his emergency decree.
The Chamber of Deputies voted 129-108 in favor, enabling Milei to finalize the deal amid protests against austerity.
Argentina aims for a new loan between $5 billion and $20 billion to enhance reserves and address debt.
Inflation dropped from 211% to 66% under Milei's leadership, yet poverty levels have increased.

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Story summary

President Javier Milei plans to unveil a new IMF agreement in mid-April after Congress approved his emergency decree.
The Chamber of Deputies voted 129-108 in favor, enabling Milei to finalize the deal amid protests against austerity.
Argentina aims for a new loan between $5 billion and $20 billion to enhance reserves and address debt.
Inflation dropped from 211% to 66% under Milei's leadership, yet poverty levels have increased.