{
  "id": 11281148,
  "title": "IMF praises Argentina’s ‘progress’ but says growth should be better ‘distributed’",
  "url": "https://urgent.news/2026/10/01/imf-praises-argentinas-progress-but-says-growth-should-be-better-11281148",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T21:14:48.000Z",
  "source": {
    "name": "Buenos Aires Herald",
    "slug": "buenos-aires-herald-buenosaire",
    "url": "https://buenosairesherald.com/economics/imf-praises-argentinas-progress-but-says-growth-should-be-better-distributed"
  },
  "original_language": "en",
  "account": "In the wake of a recent technical mission to Argentina, the International Monetary Fund (IMF) has expressed support for President Javier Milei's economic strategy, while also highlighting the need for more equitable economic growth. Julie Kozack, spokesperson for the IMF, remarked that the country has achieved \"significant progress in restoring macroeconomic stability\" despite being burdened by high debt and inflation. The most recent figures show a slowdown in inflation, a fiscal surplus, and an increase in foreign reserves purchased by the Central Bank in 2026. The spokesperson emphasized that \"stabilization is a key foundation for sustainable growth in Argentina.\"\n\nKozack further explained that the IMF and Argentine authorities concur on two crucial aspects concerning the \"growth front.\" Firstly, they agree on the importance of reinforcing Argentina's \"resilience,\" and secondly, they recognize the necessity of spreading growth more evenly across sectors and workers. The recent boom in raw material exports has led to an unprecedented year for Argentina's terms of trade. The trade surplus between January and August reached a record US$18 billion. However, not all sectors of the economy are thriving; the industrial sector is 9% lower than pre-Milei levels, construction is down 24%, and the labor market has been adversely impacted. Registered wages are 3.4% below pre-Milei levels, and the unemployment rate has risen from 6.2% in the second quarter of 2023 to 7.9% in the same period of 2026.\n\nIMF mission leader Joyce Wong detailed the outcomes of the recent technical mission to Buenos Aires, which took place from September 21 to 29. The discussions among IMF and Argentine delegates are ongoing and aimed at finalizing a staff-level agreement for the third review. Wong highlighted that these talks will focus on consolidating Argentina's stabilization gains and expanding them throughout the economy, which is vital for bolstering investment, fostering durable economic growth, and creating jobs.",
  "summary": "The spokesperson’s remarks come on the heels of a new technical mission the Fund recently wrapped in the country La entrada IMF praises Argentina’s ‘progress’ but says growth should be better ‘distributed’ se publicó primero en Buenos Aires Herald .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Buenos Aires Herald",
        "title": "IMF praises Argentina’s ‘progress’ but says growth should be better ‘distributed’",
        "url": "https://urgent.news/2026/10/01/imf-praises-argentinas-progress-but-says-growth-should-be-better",
        "published": "2026-10-01T21:14:48.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}