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HomeWorldUS Treasury chief: US ready to support Argentina, leaders to meet Tuesday

US Treasury chief: US ready to support Argentina, leaders to meet Tuesday

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WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Monday said “all options for stabilization are on the table” to support Argentina, with more details available after Argentine President Javier Milei and U.S. President Donald Trump meet on Tuesday.

“These options may include, but are not limited to, swap lines, direct currency purchases, and purchases of U.S. dollar-denominated government debt from Treasury’s Exchange Stabilization Fund,” Bessent wrote on X.

Argentina, which maintains an agreement with the International Monetary Fund, is seeking support for its economic policy at a time when financial markets have suffered severe tensions after the ruling party’s loss in legislative elections in the province of Buenos Aires.

Milei, Economy Minister Luis Caputo, Foreign Minister Gerardo Werthein and others, will meet with Kristalina Georgieva, IMF Managing Director, on Monday.

(Reporting by Susan Heavey and Maiya Keidan)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

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