Days before the key meeting of the executive board of the International Monetary Fund (IMF), the organization reaffirmed its growth estimate of 5.5% for Argentina in 2025, within the framework of its World Economic Outlook (WEO) report.
The publication was released prior to the formal review of the targets of the Argentine program, whose approval would enable the disbursement of USD 2 billion to the Central Bank.
Although the local market anticipates a slowdown in activity at the end of the second quarter, the IMF considers that the economic program "has had a solid start", despite an adverse international context.
Global projections and financial context
Globally, the Fund slightly raised its projections: it expects growth of 3% for 2025 and 3.1% in 2026, both above its previous forecasts. Among the reasons for this improvement are:
- An acceleration of commercial operations in anticipation of possible new tariffs
- Lower average tariffs in the United States
- A weaker dollar and better global financial conditions
These conditions helped sustain a widespread rebound, although projections remain below the pre-pandemic average (3.7%).
