Overview

• Kristalina Georgieva said the IMF is working with the United States, the World Bank and the IDB on a coordinated assistance plan, with decisions expected shortly.
• Options under discussion include a U.S. dollar swap line and a transfer of U.S.-held IMF Special Drawing Rights, according to Georgieva and reports on the talks.
• Georgieva praised Argentina’s fiscal discipline but warned the adjustment’s endurance hinges on public backing, growth-oriented policies and credible communication.
• She voiced cautious optimism that this could be the last IMF program for Argentina, stressing that rebuilding international reserves remains the immediate priority.
• Economy Minister Luis Caputo’s team is negotiating in Washington as market pressure persists, with the central bank reported to have sold over $1.6 billion to support the peso ahead of the Oct. 26 legislative elections.