$20B loan allows Argentina to lift strict currency controls
Published on: Saturday 12 April 2025
BUENOS AIRES, Argentina -- President Javier Milei on Friday announced that he would lift most of the country's strict capital and currency controls next week, a high-stakes gamble made possible by a new loan from the International Monetary Fund. It marked a major step forward in the libertarian's program to normalize Argentina's economy after decades of unbridled spending.
News source: https://www.nwaonline.com/news/2025/apr/13/20b-loan-allows-argentina-to-lift-strict-currency/