Argentina’s Milei may find an unexpected friend in the IMF

Argentina’s Milei may find an unexpected friend in the IMF

While it's difficult to say, some analysts believe the dialogue could be relatively easy, as Milei is promising even greater adjustments to government spending than those requested by the International Monetary Fund. The victory of the 53-year-old ultra-liberal economist in the Argentinian presidential elections on Sunday was like a tsunami in a country that has a complicated relationship with the IMF, to which it has turned more than 20 times in search of financial assistance since 1956. With inflation running …