Overview

• Javier Milei said a pact being finalized with the U.S. Treasury would comprise a liquidity swap, U.S. purchases of Argentine bonds in the secondary market with profit sharing, and an option to buy new debt.
• Some outlets reported a potential $20 billion size for the swap, a figure not confirmed by either government.
• Milei announced a Oct. 14 meeting with President Donald Trump in Washington, calling it very important and signaling he expects positive news.
• He praised Treasury Secretary Scott Bessent and IMF chief Kristalina Georgieva, casting them as partners who grasp Argentina’s challenges.
• Defending José Luis Espert from corruption claims, he blamed the Kirchnerist opposition for stoking instability, claimed roughly $25 billion in FX purchases since taking office, and downplayed recent peso moves as normal oscillation.