US aims to raise $20bn ‘facility’ to support Argentina’s struggling economy

Al JazeeraWednesday, October 15, 2025 at 6:17:11 PM
The United States is stepping up to support Argentina's struggling economy by aiming to raise a $20 billion facility, adding to an existing $20 billion currency swap. This initiative comes just ahead of Argentina's midterm elections, highlighting the importance of economic stability during a critical political period. Such support could help bolster investor confidence and provide much-needed relief to the Argentine people.
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