Why is Trump bailing out Argentina? WTF?
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Date: January 10th, 2026 9:22 AM
Author: ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Argentina's Milei News π¦π·π€π
@ArgMilei
BREAKINGπ΄
MILEI FULLY REPAYS CURRENCY SWAP TO THE U.S.
In a major economic achievement for President Milei, Argentina has fully and rapidly repaid the US$ 2.5 billion drawdown from a US$ 20 billion currency swap facility with the United States Treasury.
Announced by U.S. Treasury Secretary Scott Bessent, the repayment — completed in December 2025 — clears all outstanding pesos from the Exchange Stabilization Fund (ESF).
The swap, established in October 2025, provided urgent liquidity to stabilize Argentina's exchange rate and financial markets right before Argentina's midterm elections—which Milei later won by a landslide.
Bessent praised Milei's "visionary leadership" and Economy Minister Luis Caputo's efforts, noting the country's strengthened financial position, renewed market access, and positive momentum in monetary and fiscal reforms.
Bessent underscored U.S. support for a stable Argentina as a key ally in the Western Hemisphere, while the international community, including the IMF, backs President Milei's prudent strategy.
The quick repayment highlights the success of President Milei's pro-market and libertarian agenda by turning crisis into confidence.
https://x.com/ArgMilei/status/2009646918125703240
(http://www.autoadmit.com/thread.php?thread_id=5783609&forum_id=2...id.#49578431) |
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