The International Monetary Fund published its report on the second review of the Extended Fund Facility agreement with Argentina. It approved a disbursement of one billion dollars and issued observations on statistics and fiscal targets.
The multilateral body described Argentina's performance as mixed. It highlighted the fiscal surplus and the slowdown in inflation, although it noted that the process would advance at a more gradual pace.
The IMF questioned the official Consumer Price Index for being outdated and based on consumption patterns from 2004 and 2005. It requested a new law to guarantee greater independence for INDEC.
The report projects GDP growth of 3.5 percent in 2026, inflation of 25 percent this year and a primary surplus of 1.4 percent of GDP. It also estimated an increase of at least eight billion dollars in net reserves.
Various economists and political leaders reacted to the document. Some highlighted the signal of confidence, while others criticized the easing of reserve targets.
