With the new refinancing of the debt with the International Monetary Fund (IMF), the administration of Alberto Fernández must pay US$2.6 billion in the next few hours.

The payment could coincide with the draft that must be made by the multilateral credit organization of US$ 6,000 million, but which is still subject to the last review in the hands of the members of the board of directors.

The board’s blessing is crucial, but no obstacles are foreseen because the Fund’s technical teams have already approved the revision of the goals that the Alberto Fernández administration promised to meet in the third quarter of 2022.

“Prudent macroeconomic management and efforts to mobilize external financing are supporting macroeconomic stability—it is restoring fiscal order, moderating inflation, improving the trade balance and strengthening reserve coverage”, they highlighted in the organization led by Kristalina Georgieva.