Argentina has finalized a $20 billion IMF deal to stabilize reserves and repay existing debt amid severe economic challenges.
Argentina’s Economy Minister Luis Caputo has announced a $20 billion loan agreement with the International Monetary Fund (IMF).
The South American nation, grappling with triple-digit inflation and mounting debt has been in negotiations with the IMF for months. Until now, neither side had disclosed the size of the planned deal.
The announcement is the first official confirmation of the agreement’s value, following talks between the IMF and President Javier Milei’s administration.
Argentina remains the IMF’s largest borrower and is still repaying a $44 billion loan from 2022. An earlier program in 2018 under former President Mauricio Macri originally totaled $57 billion.
Of the new $20 billion, approximately $8 billion will bolster central bank reserves, while $12 billion will go toward servicing existing IMF debt. The agreement includes a ten-year repayment period with a four-and-a-half-year grace period.
U.S. President Donald Trump said he sees progress between Israel and Lebanon after talks with Netanyahu, while Hezbollah has rejected a new ceasefire ...
Azerbaijan is once again at the centre of global climate diplomacy, hosting World Environment Day 2026 and bringing together international leaders, po...
Azerbaijan has strongly rejected allegations published by CNN claiming that its territory was used for Israeli military and intelligence operations ag...
The Eighth Global Environment Facility (GEF) Assembly has concluded in Samarkand, bringing together representatives from 186 countries to set environm...
Turkish President Recep Tayyip Erdoğan hosted Nigerien President Abdourahamane Tchiani in Ankara on Thursday, underscoring Türkiye’s growing engag...
U.S. President Donald Trump said he sees progress between Israel and Lebanon after talks with Netanyahu, while Hezbollah has rejected a new ceasefire proposal and Israel has ruled out a troop withdrawal.
Azerbaijan has strongly rejected allegations published by CNN claiming that its territory was used for Israeli military and intelligence operations against Iran, describing the report as entirely baseless and demanding a retraction.
The Eighth Global Environment Facility (GEF) Assembly has concluded in Samarkand, bringing together representatives from 186 countries to set environmental priorities and approve new funding for climate, biodiversity and sustainable development initiatives.
Iran’s Revolutionary Guards (IRGC) said in a statement that its Aerospace Force did not strike the Kuwait Airport passenger terminal on Wednesday, and that the destruction was instead caused by a failed U.S. Patriot missile.
Five Azerbaijani citizens have been killed and three others injured following drone attacks on two cargo vessels in the Sea of Azov, Azerbaijan's Foreign Ministry said on Friday.
Israel and Lebanon have agreed to implement a ceasefire after U.S.-backed talks in Washington. The deal requires Hezbollah to halt attacks and withdraw from southern Lebanon, while both sides will resume direct talks later this month aimed at reaching a broader agreement.
Azerbaijan has strongly rejected allegations published by CNN claiming that its territory was used for Israeli military and intelligence operations against Iran, describing the report as entirely baseless and demanding a retraction.
As Armenia heads toward parliamentary elections on 7 June, the country's relationship with Azerbaijan is emerging as one of the defining issues of the campaign, with analysts and international observers highlighting the role of regional politics in shaping voters’ mindsets.
People across Gaza are facing a worsening humanitarian crisis, with millions struggling to access food, clean water, shelter and medical care as the conflict continues.
The next time a goal goes in during a Champions League final, fans around the world could watch it from every angle at once — frozen, rotated and replayed in ways that were impossible only a few years ago.
An ageing, poorly insured shadow armada now accounts for around one-sixth of the world's tanker fleet. Hidden by design and fraught with risk, it operates beyond conventional oversight. A maritime law expert explains how it works, who profits, and why much of the world looks the other way.
Azerbaijan has strongly rejected allegations published by CNN claiming that its territory was used for Israeli military and intelligence operations against Iran, describing the report as entirely baseless and demanding a retraction.
Turkish President Recep Tayyip Erdoğan hosted Nigerien President Abdourahamane Tchiani in Ankara on Thursday, underscoring Türkiye’s growing engagement with Africa’s Sahel region as geopolitical alliances continue to shift.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment