IMF Endorses Milei's Austerity, Urges Inclusive Growth

IMF spokesperson Julie Kozack publicly endorsed Argentina's economic program under President Milei, citing falling inflation and reserve accumulation, but called for more equitable growth. The endorsement signals continued international support for Milei's shock therapy, though the call for inclusive growth hints at concerns over social costs. This matters as it bolsters Milei's credibility ahead of upcoming elections and potential new IMF financing.