In a strategic display of unity and leadership, President Javier Milei has convened his full cabinet at the Casa Rosada this Friday afternoon to await the International Monetary Fund’s (IMF) official announcement regarding a new $20 billion loan agreement with Argentina. The meeting, scheduled for 5:00 PM local time, underscores the administration’s commitment to economic reform and transparency. ​

The gathering, orchestrated by Secretary General Karina Milei, includes key figures such as Economy Minister Luis “Toto” Caputo and other senior officials instrumental in negotiating the agreement’s terms. The administration anticipates a positive outcome from the IMF’s executive board, which would mark a significant milestone in Argentina’s economic stabilization efforts.​

This anticipated agreement follows a staff-level accord reached earlier in the week, aiming to bolster Argentina’s foreign reserves and support the government’s fiscal and monetary policies. The initial disbursement is expected to provide a substantial boost to the Central Bank’s reserves, facilitating further economic reforms. ​

President Milei’s decision to assemble his cabinet for this announcement reflects a proactive approach to governance, emphasizing the importance of collective responsibility and coordinated action in addressing the nation’s economic challenges.​

As the nation awaits the IMF’s formal decision, the administration remains focused on implementing policies aimed at restoring economic confidence and fostering sustainable growth.