The Government paid maturities with the Fund for about US$2,000 million, and therefore, the gross reserves of the Central Bank grew by more than US$2,500 million on the day.
Such as Ámbito anticipated, The Board of the International Monetary Fund (IMF) approved this Wednesday the staff-level agreement reached by Argentinaand disbursed to the country US$4.7 billion, confirmed official sources to this medium.
In this way, the Government canceled maturities with the Fund for about US$2,000 million, and hence, The gross reserves of the Central Bank grew US$2,527 million on the day to US$27,635 million.
Argentina received approval from the IMF board for the latest review of the program by US$44,000 million, which unlocked a new tranche of disbursements.
IN DEVELOPMENT…
Source: Ambito
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