Overview
- IMF spokesperson Julie Kozack said meeting the year-end reserve objective looks challenging and urged a more ambitious path for reserve buildup.
- A technical mission will travel to Argentina around the end-December data cut-off to prepare the post-December staff review expected in early 2026.
- IMF staff will apply its established methodology to the new U.S. swap line and will disclose the treatment of that instrument in the next staff report.
- The Fund declined to speculate on a waiver if the reserve target is missed, saying that decision will come during the upcoming review.
- Officials say most fiscal and monetary targets have been met, while the IMF maintains growth near 4–4.5% for 2025 and calls for continued tax, spending, subsidy, and labor reforms.