IMF Managing Director Kristalina Georgieva recently affirmed that, given Argentina’s “solid economic position,” it is indeed positive to support the country on its current reform path. She pointed to dramatic shifts: a drop from contraction to 4.5 % growth, triple-digit inflation now in single digits, elimination of the deficit, declining poverty, and a string of fiscal achievements.
Georgieva noted that the Fund is engaging closely with Argentina’s Treasury and with U.S. counterparts, coordinating technical work in light of the U.S. financial support package. She emphasized that her optimism stems not from politics, but from the visible turnaround in key economic indicators and institutional discipline.
That said, she also cautioned that the success of such ambitious reforms depends on public buy-in: reforms must be understood, accepted, and sustained by the people themselves. She referenced lessons from other nations where difficult cuts succeeded only when societies trusted their leaders and saw purpose behind the sacrifice.
Her remarks add weight to Milei’s narrative that Argentina is ascending. An endorsement from the head of the IMF boosts his credibility both domestically and internationally. But the real test will come when these words translate into sustained confidence from markets, investors, and, above all, the Argentine electorate.


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