🇦🇷 Big news for Argentina! The government has secured a $20 billion credit facility from the IMF to boost economic stability and open up to the world.
Approved on April 11, the deal includes an immediate $12 billion disbursement, with more to follow. President Milei calls it a historic victory for his administration's deregulation efforts.
However, critics warn this increases the national debt to nearly $67 billion, raising concerns for future generations. Will this lead to a devaluation of the peso?
What are your thoughts on this development? Let us know! 💬