Argentina poised to get CAF loan for $913 mln IMF payment

14 December 2023, 12:00 am

1 min read

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo

Reuters exclusively reported that Argentina is set to receive financing from the Development Bank of Latin America and the Caribbean (CAF) to make a $913 million payment due to the IMF next week, two sources familiar with the matter told Reuters. Argentina, whose $44 billion International Monetary Fund programme makes it the largest debtor to the fund, is due to make the capital payment on Dec. 21.