The International Monetary Fund (IMF) said that President Javier Milei’s administration has brought favorable results for the country through the program agreed upon with the lender but warned about “a number of challenges.”

“Program implementation has resulted in a sizable reduction in inflation and fiscal deficit. There are also signs of a nascent recovery in activity and real wages,” IMF spokesperson Julie Kozack said in her usual press conference.

However, she said that the Fund “consistently recognized the very delicate social situation” the country is currently........

© Buenos Aires Herald