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IMF Approves New $20 Billion Bailout For Argentina - Foreign Affairs (2) - Nairaland 216jj

IMF Approves New $20 Billion Bailout For Argentina (6486 Views)

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Gabrielshow24: 4:50pm On Apr 12
LegendHero:

Source: https://www.imf.org/en/News/Articles/2025/04/12/pr25101-argentina-imf-executive-board-approves-48-month-usd20-billion-extended-arrangement
Nigeria go soon collect their own! 🤔

Those cronies go dey plan make country worse this, so dem fit see $20billion bailout🤧

Awon werey oshi!
Whichway556: 4:54pm On Apr 12
Wow,that is huge,Omo see money, hope they invest it well
NtoAkwaIbom(m): 4:55pm On Apr 12
Dem rush go get crypto money
hopedey: 4:55pm On Apr 12
Why this here? In of resources Nigeria is richer than Argentina.. Just that Nigerians have useless people in government from federal government to state government.
anonimi: 4:59pm On Apr 12
Penguin2:
It’s like the new President’s reforms are not werking like Tinubu’s haphazard reforms in Nigeria 😏

Quite the contrary.

Milei’s capitalist reforms have delivered positive results beyond the expectations of many, while terrible T-Pain’s pseudo progressive socialist policies have made things worse for us.



https://www.youtube.com/watch?v=zl_BEpX4M9M?feature=shared

2 Likes 2 Shares
anonimi: 5:01pm On Apr 12
Whichway556:
Wow,that is huge,Omo see money, hope they invest it well

It’s not about investing it but rather about making money available for easy capital flow in and out of the country.



https://www.youtube.com/watch?v=-76fzqjCaH8?feature=shared

1 Like 2 Shares
APOPTOSIS: 5:05pm On Apr 12
atobs4real:
Trump helping those that he feels the cap fit
They are both Germans
Morizo(m): 5:09pm On Apr 12
LegendHero:


Nigeria's reform is working; we're just waiting for inflation to come down as the policy germinate fully.

The Naira has stabilized between 1500 and 1600 over the past year—if not for the current Trump issue, it wouldn’t be edging toward 1600.

Argentina, on the other hand, hasn’t had any relief. The IMF cited their FX instability as one of the reasons for requesting a loan.

So exchange rate you met at 600 and floated the Naira which took it to 1500-1600 is called stability in your own Oshodi Oke Economic blueprint?

Which Kain head Una dey take think sef😡
Na water dey inside Abi na akamu?

News Alert, Tinubu's policies (if we dignify those bata shoes ideas as policies) are a total failure. It will be used in light years to come as one of the worst templates never to be used by humankind again in history.

2 Likes 1 Share
KennethOkonkwo: 5:10pm On Apr 12
LegendHero:


Nigeria's reform is working; we're just waiting for inflation to come down as the policy germinate fully.

The Naira has stabilized between 1500 and 1600 over the past year—if not for the current Trump issue, it wouldn’t be edging toward 1600.

Argentina, on the other hand, hasn’t had any relief. The IMF cited their FX instability as one of the reasons for requesting a loan.
Meanwhile,those days.
Obidients and ATIKU,Their master slave master was full of praise for the new Argentina president then.

2 Likes

kolente: 5:13pm On Apr 12
Industries that APC has created since 2015

1, eRats - A thriving industry of propagandist who are specific paid agents to over-hype activities as achievements.

2, Banditry - We never heard of Banditry before 2015. Although it may have existed but was magnified after 2015.

3, Online Begging








mrvitalis:

Asking how many industry PDP built shows you don't know how development works

Government have no business in business you businesses

PDP creates billionaires in dollars APC have created zero

Did OBJ meet any reserve?



Music sector grew under PDP
Movie
Cenima
Telecom
Insurance
Banking
Aviation

Name one industry APC has improved since 2015

1 Like 1 Share
hatchy: 5:13pm On Apr 12
Tinubu will be like, me too, I need o, abeg.

Watch out, before May ending Nigeria will secure its own, 50 billion dollars. Our own will be double of what orhers collected, so that it will go round the legislootors, Executhieves and the Judasiary, then the little that will be left will be given to Sheyi to buy food in nylons and share to the hungry Northerners.

I spit on Tinubu’s rotten face.
KennethOkonkwo: 5:13pm On Apr 12
LegendHero:


What is your definition of investing in production? Is Dangote refinery not an example of production?

Abi you just found the word “production” on the floor them run with it.

How many years does it take to build a fully functioning plant? Do Steel facilities just spring up in one year?
That investment in production came from Peter OBI.
Till today,even Peter OBI has not been able to explain what he meant

4 Likes

KennethOkonkwo: 5:15pm On Apr 12
mrvitalis:

Asking how many industry PDP built shows you don't know how development works

Government have no business in business you businesses

PDP creates billionaires in dollars APC have created zero

Did OBJ meet any reserve?



Music sector grew under PDP
Movie
Cenima
Telecom
Insurance
Banking
Aviation

Name one industry APC has improved since 2015
You mean after 16yrs of PDP?
Those sectors continue to grow under APC!
With more infrastructural achievement under APC than 16yrs of PDP!
LAGOS-IBADAN EXPRESSWAY
2ND NIGER BRIDGE
LAGOS-IBADAN DAIL
APAPA OSHODI EXPRESSWAY
MMIA REMODELLING
NNAMDI AZIKWER AIRPORT REMODELLING

ETC
ALL PROJECTS ABOVE WERE ALL PIPE DREAMS UNDER PDP.NEWSPAPERS OFTEN USE THEM AS FRONTPAGE

2 Likes

CoronaVirusPro: 5:16pm On Apr 12
Argentina is finished!

Trump should buy it!
bluefilm: 5:16pm On Apr 12
Argentina is finished

Are they not aware that IMF gives you loans just to destroy your country?

Why would they accept such a poisoned chalice from the satanic IMF?
Confirm4real(m): 5:20pm On Apr 12
Nigeria right now grin
nairalanda1(m): 5:22pm On Apr 12
KennethOkonkwo:

You mean after 16yrs of PDP?
Those sectors continue to grow under APC!
Which more infrastructural achievement under APC than 16yrs of PDP!
LAGOS-IBADAN EXPRESSWAY
2ND NIGER BRIDGE
LAGOS-IBADAN DAIL
APAPA OSHODI EXPRESSWAY
MMIA REMODELLING
NNAMDI AZIKWER AIRPORT REMODELLING

ETC
ALL PROJECTS ABOVE WERE ALL PIPE DREAMS UNDER PDP.NEWSPAPERS OFTEN USE THEM AS FRONTPAGE

It is easy to build projects, but at the end, they will all look wrethched in ten years.

Also, APC has done nothing on power generation, and still tolerates corruption. Then there is lack of diversification
IvarTheBoneless: 5:24pm On Apr 12
Yeeb0ws will cry at this news cheesy
INTEGRITYA1(m): 5:28pm On Apr 12
Okay
baralatie(m): 5:29pm On Apr 12
What exactly happened in Argentina
Charbliss90: 5:32pm On Apr 12
You have time to respond to that educated illiterate. He knows nothing just to wake up and start wailing
LegendHero:


What is your definition of investing in production? Is Dangote refinery not an example of production?

Abi you just found the word “production” on the floor them run with it.

How many years does it take to build a fully functioning plant? Do Steel facilities just spring up in one year?
gigabyte13: 5:33pm On Apr 12
Argentina wey Obi and Atiku say make Emilokan go copy....
The highest IMF debtor in the world.
Shey una see say
Atiku and OBI dey madddddddd

1 Like

Charbliss90: 5:35pm On Apr 12
How do they invest in production? You think investment is a child's play? So within two years industries should have spring up and has effect in the economy abi. Una shame they catch me no be small
mrvitalis:

How would inflation come down when you are not investing in production

How would inflation come down when businesses get interest rate at 40%

You defended Buhari useless policies... You are defending Tinubu policy that has wiped 40% of our GDP...

Of Tinubu wins and APC rules in 2031 you would be over 46 year old defending the failure policy again

2 Likes

Dennisochampa: 5:46pm On Apr 12
CodeTemplarr:
Old news. So many badly structired n run nations on earth.

How exactly is a news that was released 15hrs ago old news or u just wan discredit the person wen post the news?

3 Likes 1 Share
baralatie(m): 5:47pm On Apr 12
Dotherightthing:
Is Argentina dying
The Argentine economic Debate has been as I read,a long battle since 1980s and before.
It is a cumulative effect of unsolved problems

4 Likes 1 Share
budaatum: 5:59pm On Apr 12
Penguin2:
It’s like the new President’s reforms are not werking like Tinubu’s haphazard reforms in Nigeria 😏

Did you not read the article?

“The Argentine authorities’ decisive implementation of their stabilization plan, centered on a strong fiscal anchor and broad structural reforms, has yielded rapid disinflation, a solid economic recovery, and incipient improvements in social indicators.

IMF gave them the loan because what they are doing is working.

2 Likes 2 Shares
Dougad: 6:06pm On Apr 12
LegendHero:


Nigeria's reform is working; we're just waiting for inflation to come down as the policy germinate fully.

The Naira has stabilized between 1500 and 1600 over the past year—if not for the current Trump issue, it wouldn’t be edging toward 1600.

Argentina, on the other hand, hasn’t had any relief. The IMF cited their FX instability as one of the reasons for requesting a loan.

The danger of a single story. Tifnubu's ers are all plagued by a collective sense of historic amnesia, where stability of the naira prior to the ascension to power of their principal was nonexistent, while also conveniently failing to recall the free-fall that occurred during the first twelve months of the istration.

1 Like 1 Share
mrvitalis(m): 6:07pm On Apr 12
KennethOkonkwo:

You mean after 16yrs of PDP?
Those sectors continue to grow under APC!
Which more infrastructural achievement under APC than 16yrs of PDP!
LAGOS-IBADAN EXPRESSWAY
2ND NIGER BRIDGE
LAGOS-IBADAN DAIL
APAPA OSHODI EXPRESSWAY
MMIA REMODELLING
NNAMDI AZIKWER AIRPORT REMODELLING

ETC
ALL PROJECTS ABOVE WERE ALL PIPE DREAMS UNDER PDP.NEWSPAPERS OFTEN USE THEM AS FRONTPAGE
Yes ooh you built infrastructure with borrowed money and your economy dropped by 60% continue building infrastructure

1 Like

LegendHero(m): 6:16pm On Apr 12
mrvitalis:

Lmaooo this guy u no get talk

Believinv that Tinubu removes subsidies and you are buying petrol below 1k shows how smart you are lol

I actually went to play soccer before.

You say Wetin? So you’re saying we are paying subsidy at 1k?

How much we dey buy petrol for USA? How much you wan make I liter be before? N1500?

1 Like

LegendHero(m): 6:18pm On Apr 12
mrvitalis:

Asking how many industry PDP built shows you don't know how development works

Government have no business in business you businesses

PDP creates billionaires in dollars APC have created zero

Did OBJ meet any reserve?



Music sector grew under PDP
Movie
Cenima
Telecom
Insurance
Banking
Aviation

Name one industry APC has improved since 2015

What are you talking about? Is this Production?

Shey banking no grow during APC too abi you no sabi wetin dem dey call production again?

You yourself claim PDP did production economy and I challenge you to mention them, you dey mention banking, music, and aviation. Shey na production be that?

PDP did nothing. They were just lucky oil price was high and we dey pump output well. Jonathan burnt our FX all through his tenure. No production whatsoever.

1 Like

jaxxy(m): 6:19pm On Apr 12
LegendHero:


Nigeria's reform is working; we're just waiting for inflation to come down as the policy germinate fully.

The Naira has stabilized between 1500 and 1600 over the past year—if not for the current Trump issue, it wouldn’t be edging toward 1600.

Argentina, on the other hand, hasn’t had any relief. The IMF cited their FX instability as one of the reasons for requesting a loan.

With our disastrous so called stable interest rate we are borrowing almost thesame as Argentina and with oil prices down we are most likely going to borrow more soon to fund the fraudulent budget.

1 Like 1 Share
LegendHero(m): 6:19pm On Apr 12
DMerciful:
Argentina is borrowing with clear path to come out of their crises.

Tinubu borrowed unapproved cumulative amount of $9.6 billion without anything to show for it.

APC is a satanic party

Show us proof of $9.6billion borrowed. Una go just dey online dey talk nonsense.

Na so e easy to borrow $9 billion?

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