The arrival of the United States Treasury Secretary, Scott Bessent, in Buenos Aires this Monday could include the announcement of a special credit line aimed at strengthening financing for Argentina.
This possibility is being evaluated within the framework of conversations between officials from both countries, according to sources with direct access to the negotiations confirmed to Infobae.
If realized, this additional assistance from the U.S. Treasury would be part of a broader package aimed at strengthening the Central Bank's reserves. It would be added to the first disbursement expected from the International Monetary Fund (IMF), once its board approves the new agreement with the country, something expected for this Friday. It would also be complemented by funds from other multilateral organizations, such as the World Bank, the IDB, and the CAF.
The goal of Javier Milei's government is to reach USD 50 billion in gross reserves, currently below USD 25 billion. The financing proposal from the U.S. Treasury will be one of the main topics in the meeting that Bessent will have this Monday with President Javier Milei and the Minister of Economy, Luis "Toto" Caputo.
Between this Friday and next week, the Executive Power could secure key support to strengthen the Central Bank's reserves, in a scenario marked by a sharp drop in international assets. After more than four months of conversations, the International Monetary Fund's board is preparing to discuss the new agreement with Argentina.
The understanding scheme, which has already been generally outlined, is framed in an Extended Fund Facility (EFF) program, totaling USD 20 billion. This agreement includes an initial disbursement higher than usual for this type of program.
