Fact Check: Argentina received US$12 billion from the IMF in April, the first instalment of a 20 billion dollar loan.

Fact Check: "Argentina received US$12 billion from the IMF in April, the first instalment of a 20 billion dollar loan."

What We Know

In April 2025, the International Monetary Fund (IMF) approved a substantial loan arrangement for Argentina, totaling US$20 billion. This included an immediate disbursement of US$12 billion, marking the first installment of the loan. The IMF's decision was part of a broader strategy to support Argentina's economic stabilization and reform agenda, which aims to enhance macroeconomic stability and external sustainability (IMF Executive Board Approves 48-month US$20 billion ...).

The approval of this loan arrangement was accompanied by the IMF's recognition of the measures taken by Argentina's government to boost its international reserves, which included a US$2 billion repo agreement with international banks (IMF applauds Argentina's measures to boost dollar reserves).

Analysis

The claim that Argentina received US$12 billion from the IMF in April as the first installment of a US$20 billion loan is substantiated by multiple credible sources. The IMF's official announcement confirms the approval of a 48-month Extended Fund Facility (EFF) arrangement for Argentina, which indeed includes an immediate disbursement of US$12 billion (IMF Executive Board Approves 48-month US$20 billion ...).

Additionally, the Buenos Aires Times reported on the same event, highlighting the approval of the loan and the immediate disbursement (IMF applauds Argentina's measures to boost dollar reserves). These sources are reliable as they come directly from the IMF and reputable news outlets that cover economic matters.

While the claim is accurate, it is essential to note that the loan arrangement is part of a broader economic strategy, which includes various measures aimed at stabilizing Argentina's economy and addressing its financial challenges. The IMF's involvement typically indicates a structured plan that requires compliance with specific economic reforms, which adds a layer of complexity to the situation.

Conclusion

Verdict: True
The claim that "Argentina received US$12 billion from the IMF in April, the first instalment of a 20 billion dollar loan" is true. The evidence from credible sources, including the IMF and reputable news outlets, confirms that this disbursement occurred as part of a larger financial arrangement aimed at supporting Argentina's economic recovery.

Sources

1. Carte Argentine : Plan Argentine - Routard.com
2. IMF applauds Argentina's measures to boost dollar reserves
3. Argentine : les incontournables | Que faire, que voir, que visiter
4. IMF Executive Board Approves 48-month US$20 billion ...
5. Guide de voyage et vacances en Argentine - Routard.com
6. Milei ends 'cepo' as IMF board approves US$20-billion ...
7. Argentine | Itinéraires conseillés - Routard.com
8. Argentina - IMF eLibrary