Washington, DC: Julie Kozack, Director of Communications at the International Monetary Fund (IMF), issued the following statement today:
"On July 28, the Argentine authorities and IMF staff reached staff-level agreement on the combined fifth and sixth reviews under Argentina's 30-month Extended Fund Facility (EFF) arrangement. This agreement is subject to the approval by the IMF Executive Board, which is expected to meet on August 23 to unlock the agreed disbursements.
"We welcome the authorities' recent policy actions and commitment going forward to safeguard stability, rebuild reserves and enhance fiscal order."
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