IMF urges Argentina to share growth benefits

IMF says Argentina must share economic gains with workers after recent progress.

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IMF urges Argentina to share growth benefits

IMF says Argentina must share economic gains with workers after recent progress.

In brief

IMF says Argentina must share economic gains with workers after recent progress. IMF urges Argentina to extend economic growth benefits to workers despite fiscal improvements. Originally reported by Buenos Aires Times.

IMF progress report

IMF spokesperson Julie Kozack said Argentina made significant progress in restoring macroeconomic stability in a challenging environment.

“significant progress in restoring macroeconomic stability in a very challenging environment”

Key economic improvements

Argentina saw sharp inflation decline, stronger external reserves, greater fiscal discipline and progress toward fiscal surplus.

“sharp decline in inflation stronger external reserves greater fiscal discipline progress toward fiscal surplus”

Third review underway

Third review underway

An IMF technical mission led by Joyce Wong completed its work on Argentina’s third review following meetings from September 21 to 29.

“technical mission led by imf official joyce wong concluded its work on the third review of argentina’s programme on tuesday”

Growth benefits urged

IMF says Argentina must extend economic growth benefits to workers as current gains are concentrated in energy, mining and agricultural sectors.

“it is important to ensure that growth which has been focused in energy mining and agricultural sectors broadens and becomes more evenly distributed”

2026 growth forecast

IMF forecasts Argentina’s economy will grow by 3.5 percent in 2026 after reducing inflation from triple-digit levels to 33.5 percent.

“the imf forecasts that argentina’s economy will grow by 3.5 percent in 2026”

Next steps for Argentina

Argentina must prepare a staff report for IMF’s Executive Board approval to receive $900 million disbursement.

“the next step is the preparation of a staff report for consideration by the imf’s executive board”

The takeaway

IMF urges Argentina to extend economic growth benefits to workers despite fiscal improvements.

Read the original on Buenos Aires Times

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