IMF Says Argentine Austerity Should Not Hurt The Poor

IMF deputy managing director Gita Gopinath visited Buenos Aires last week to evaluate Argentina's $44 billion credit program, and met with President Javier Milei, members of his government, economists, union leaders and civil society organizations (Credit: AFP)

The International Monetary Fund has urged the government of Argentine President Javier Milei to shield the poor as he pursues harsh austerity measures to cut government spending, according to an interview published Sunday.

The IMF has praised Milei's government for efforts to balance the books after years of overspending, but his drastic measures have led to strikes and raised concerns about growing hunger.