Argentina has sealed a $20 billion extended fund facility (EFF) with the International Monetary Fund and dismantled large parts of its currency controls as libertarian President Javier Milei looks to drag the country out of a prolonged economic slump.

Argentina has reached a $20 billion agreement with the International Monetary Fund (IMF) that will help President Javier Milei advance the next phase of

President Milei had sought support from the Trump administration for new financing.