Washington (United States) (AFP) - Argentina must continue with its efforts to stabilize the economy and promote growth, but the benefits must be extended to workers, declared this Thursday the spokesperson for the International Monetary Fund (IMF), Julie Kozack.

First modification: 02/10/2026 - 17:48

Contacts between Javier Milei's government and the Fund continue and a recent technical mission held meetings in Buenos Aires at the end of September, the spokesperson explained.

Argentina, the IMF's largest debtor, agreed in 2025 on a credit program with the organization for $20 billion over four years, and the Fund has already carried out two reviews of its implementation.

"Discussions are ongoing, and will continue in the coming weeks" for the third review, the spokeswoman said.

During these contacts, both parties recognized that "the work to strengthen Argentina's resilience must continue," he explained.

The IMF forecasts a growth of the Argentine economy of 3.5% in 2026.

"It is important to guarantee that growth, which until now has occurred mainly in the energy, mining and agricultural sectors, is expanded and distributed in a more balanced manner among the different sectors of the economy, but also among workers," he indicated.

The IMF maintains that Argentina "has made significant progress in recovering macroeconomic stability in a very challenging environment," according to the spokesperson.

Milei achieved a surplus in public accounts and reduced three-digit year-on-year inflation when he took office in 2023 to the current 33.5%.

However, poverty and destitution grew again after two years in the first half of 2026. Critics of the Milei government remember that some 30,000 companies closed since the far-right took power.

© 2026 AFP

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