WASHINGTON: The International Monetary Fund announced Wednesday that it had reached a staff-level agreement with Argentina on the first review of its massive loan package, paving the way for the country to access some $4.03 billion.“The (staff-level) agreement is subject to approval by the IMF Executive Board, which is expected to discuss it in the coming weeks,“ said Julie Kozack, deputy director of the IMF’s Western Hemisphere Department. “Upon completion of the review, Argentina would have access to about US$ 4.03 billion.”In March, the IMF approved a 30-month credit program with Argentina totaling $44 billion, with an immediate disbursement of $9.66 billion.Kozack noted that “all quantit
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