Tag: Stand-By Arrangement (SBA)

• Saturday, April 6th 2019 - 09:33 UTC

  IMF releases US$10.8 billion to Argentina and insists on fiscal prudence

  

  The Executive Board of the International Monetary Fund (IMF) completed on Friday the third review of Argentina’s economic performance under the 36-month Stand-By Arrangement (SBA) that was approved on June 20, 2018. The completion of the review allows the authorities to draw the equivalent of SDR 7.8 billion (about US$10.8 billion), bringing total purchases since June 2018 to SDR 28.01371 billion (about US$38.9 billion).

• Tuesday, March 19th 2019 - 06:16 UTC

  IMF commends Argentina's stabilization efforts, releases next US$ 10.8bn, but also demands more austerity

  

  An International Monetary Fund (IMF) mission led by Mr. Roberto Cardarelli visited Argentina during February 11–22, 2019 to conduct discussions on the Third Review of Argentina’s IMF-supported program under the Stand-By Arrangement (SBA). Talks continued in Washington DC after the end of the mission.

• Saturday, October 27th 2018 - 09:38 UTC

  IMF completes review of Argentina's stand-by loan; Lagarde praises performance

  

  The Executive Board of the International Monetary Fund (IMF) completed on Friday the first review of Argentina’s economic performance under the 36-month Stand-By Arrangement (SBA) that was approved on June 20, 2018.

• Thursday, September 27th 2018 - 05:45 UTC

  IMF and Argentina concord on 36-month US$ 57bn stand-by agreement

  

  The International Monetary Fund staff and Argentina authorities have reached an agreement on a set of strengthened economic policies that will underpin the 36-month Stand-By Arrangement (SBA) approved on June 20, 2018.

• Thursday, June 21st 2018 - 08:03 UTC

  IMF Executive Board approves US$50bn Stand-By Arrangement for Argentina

  

  The Executive Board of the International Monetary Fund (IMF) approved on Wednesday a three-year Stand-By Arrangement (SBA) for Argentina amounting to US$50 billion (equivalent to SDR 35.379 billion, or about 1,110 percent of Argentina’s quota in the IMF).