Argentina seeks new agreement with IMF

Argentina is in negotiations with the International Monetary Fund (IMF) to develop a new agreement. The aim is to replace the existing program amounting to 44 billion dollars and thus make progress in resolving one of the most complicated agreements of the Washington-based lender. This development was confirmed on Thursday by the IMF's chief spokesperson, Julie Kozack. She stated that the government under President Javier Milei is focusing on crafting a new program rather than completing the final reviews of his predecessor's legacy. Experts are watching the negotiations with great interest, as Argentina's economic stability is at stake. The new government's ability to forge a viable agreement could be crucial for the future of the country.