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The International Monetary Fund will allow Argentina to defer the last review of its $44 billion loan by two months, giving the government more time to apply reforms and potentially negotiate a new program, according to people with direct knowledge. Government and IMF officials have agreed that the last review of the current package, initially set for September, will be postponed to November, said three sources, who asked not to be named because the information is not public. In Argentina's case, this is the first time the date of the last review on a loan agreed in 2022 changes. ....
Talks are expected with Shehan Semasinghe, the state minister of finance, who leads the local IMF engagement under President Ranil Wickremesinghe. | World News ....
The IMF announced Friday that it will revise its economic outlook for the Middle East and North Africa region due to the ongoing Israel-Hamas conflict.It did not say if the revisions would be released ahead of its next outlook publication, which is due in January. ....