IMF Reaches Staff-Level Deal on Argentina Review, Paving Way for $900 Million in Funding

07:58 PM EDT, 10/27/2026 (MT Newswires) -- The International Monetary Fund reached a staff-level agreement with Argentina on the third review of its Extended Fund Facility program, potentially unlocking about $900 million in funding, the IMF said Tuesday. The agreement is subject to approval by the IMF Executive Board, which is expected to consider the review in early December. The IMF said Argentina's disciplined fiscal and monetary policies have supported disinflation and strengthened its external position, with net international reserves exceeding the end-June target by about $4 billion. The policy package includes maintaining a primary fiscal surplus of 1.4% of gross domestic product in 2026, continuing monetary policies aimed at disinflation and reserve accumulation, and advancing structural reforms to support investment, employment and growth.