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LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

April 24, 2025

What Will Billions in New Loans Mean for Argentina?

The International Monetary Fund approved a $20 billion loan package for Argentina’s government on April 11. Argentine President Javier Milei is pictured with Kristalina Georgieva, the IMF’s managing director, in February. // File Photo: Argentine Government.

Q

A

Daiana Fernández Molero, national deputy for Argentina’s PRO party and economist: “Argentina’s current economic team is among the most capable the country has seen in recent decades—technically solid, professionally led and drawing on hard-earned experience from the Macri administration. The recent $42 billion commitment from the IMF, World Bank and IDB, combined with the endorsement from the U.S. Treasury Department, sends a strong signal of confidence in Argentina’s stabilization plan. In a turbulent global environment, that kind of backing is no small thing. But international support is only part of the equation. For real, lasting change, Argentina also needs political consolidation at home. The reforms implemented so far are important—but fully reversible. Without a broad, democratic mandate and a responsible alternative to the populist playbook, the risk…”

Top News

World Bank Cuts Growth Forecast for Region to 2.1%
The World Bank on Wednesday cut its economic growth forecast for Latin America and the Caribbean to 2.1 percent, citing a shifting global economic landscape, including trade tensions, slowing growth in China and cuts in overseas development assistance.
Pemex’s Olmeca Refinery Starts Exports of Diesel
Mexican state oil company Pemex this month exported its first cargo of diesel fuel from its new Olmeca refinery.
Chile’s Boric Rejects Retaliation Amid Tensions Over Trade
Chilean President Gabriel Boric said Wednesday that he will not respond to tensions over global trade with retaliation, but rather through deeper integration with other Latin American countries.

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Merike Blofield
Professor of Political Science,
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Devry Boughner Vorwerk
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Joyce Chang
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Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
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US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
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Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
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President, Rozental &
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