Argentina is announced according to the criticism of the International Monetary Fund and the flexibility of drainage control

he Argentine government It was announced on Friday that it had reached an agreement 20 billion dollars With the International Monetary Fund and the flexibility of exchange control items, with a dollar volatility plan.

Economy Minister Luis Kapoto said in a press conference that this loan, which still requires the green light of the Fund’s Board of Directors, allows the “Central Bank to be re -drawn to have a more healthy currency and continue the inflation.”

This is what will allow us from the two to end the exchange rate (currency control) that has caused a lot of damage.

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The central bank said in a statement that the dollar “may fluctuate within the mobile phone range between one thousand and 1400 peso, its borders will be extended at a rate of 1 percent per month.”

Friday, the official dollar was in 1097 Pesos Argentine And “Blue” (unofficial) in 1375 peso for each green ticket.

The text added that the distribution of profits to external shareholders is canceled the differential dollar of exporters and “the exchange restrictions of the human (illegal), and the profits are allowed to distribute external shareholders from financial exercises that begin in 2025 and the final dates to pay foreign trade operations.”

Of the total loan, the International Monetary Fund will spend 15 billion dollars For free available in 2025.

Minister Kabuto expressed his desire to grant the fund a preliminary exchange greater than 40 percent of the agreement, to pay the obligations of the International Monetary Fund itself and enhance the reserves of the central bank in the middle of the round against weight.

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In the middle of the international financial turmoil before Customs tariff policy On Monday, US President Donald Trump is expected to visit Buenos Aires from Treasury Secretary Scott Kh.

“The Secretary travels to the country of South America to provide” full support for bold economic reforms for Argentina, “a statement issued by his portfolio said.

With AFP information.

Orp