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The Independent UK
The Independent UK
National
Via AP news wire

US treasury secretary says Argentina has repaid its US credit line in a win for Milei

US Argentina Milei - (Copyright 2025 The Associated Press. All rights reserved.)

Argentina has repaid the funds it drew from a $20 billion credit line with the Trump administration, U.S. Treasury Secretary Scott Bessent announced Friday, in a crucial step for Argentine President Javier Milei to restore confidence in his chronically distressed economy.

In addition to making payments to bondholders, Milei’s radical libertarian administration had “quickly and fully repaid its limited draw,” Bessent said, without specifying the amount.

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