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Trump boosts Argentina's Milei with $20 bn economic lifeline as US buys pesos

France 24•Thursday, October 9, 2025 at 8:47:12 PM
PositiveWorld Affairs
Trump boosts Argentina's Milei with $20 bn economic lifeline as US buys pesos
The US has announced a significant $20 billion economic support package for Argentina, aimed at stabilizing its struggling economy. Treasury Secretary Scott Bessent revealed this initiative, which includes purchasing Argentine pesos to help stabilize the country's volatile markets. Argentine President Javier Milei, a close ally of Donald Trump, praised the US president's leadership and vision in facilitating this crucial support. This move is important as it not only aids Argentina but also strengthens ties between the two nations during a challenging economic period.
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