# IMF`s To Conduct First Review of Argentina`s New Economic program

> The IMF's technical mission arrived in Buenos Aires to conduct the first review of Argentina's new economic program under President Javier Milei. Argentina missed its foreign reserve accumulation target by $4.3bn, and bond deals raised only $500mn in June. Fiscal and monetary targets were met, and the IMF may grant a waiver that could unlock a $2bn disbursement.

- Date: 2017-05-25 · published 2017-05-25T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/71267-imf-s-to-conduct-first-review-of-argentina-s-new-economic-program
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

The story concerns Argentine sovereign finance and the peso rather than feed supply or demand, so it has little direct effect on feed grain or meal prices. A reserve shortfall could mean more currency intervention, which affects Argentina's export competitiveness for soymeal and corn only at the margin.

## Sources

- bondblox.com: https://bondblox.com/news/imfs-to-conduct-first-review-of-argentinas-new-economic-program

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.