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Argentina secures $1 billion in IMF disbursement
The International Monetary Fund on Thursday completed its second review of Argentina's $20 billion loan program, unlocking a $1 billion disbursement as the lender praised the country's progress on sweeping economic reforms. The Fund noted that while the South American nation missed a year-end target for net international reserves, "strong progress" in passing fiscal, trade, and labor legislation have helped stabilize the economy and deliver its first primary fiscal surplus in years. [....]