Argentina's controversial president Javier Milei is USA's ditto Donald Trump's favorite president. Trump himself has said so. The fact that USA's finance minister Scott Bessent visited Argentina twice in a short time also raises suspicions that the IMF's decision was political, rather than based on the fund's normal economic policy.
The new loan of approximately 200 billion kronor goes to a country that is already the IMF's largest borrower.
In connection with the loan being decided by the IMF's board, Javier Milei's government had already, prior to a press conference, accounted for the details. This led several of the 25 members of the IMF's board to suspect that everything was already rigged in advance, that it was no longer possible to make a different decision than to approve the loan, according to sources.
It is worth noting that Trump has threatened to leave the IMF. By giving his favorite president the loan, the fund can demonstrate its usefulness to Trump, writes Bloomberg.
The IMF does not comment on the allegations to the news agency.
