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IMF welcomes Milei's reform proposal for Argentina's Central Bank

The International Monetary Fund welcomed the Argentine government’s proposed reform of the Central Bank, saying it is aimed at strengthening the institution’s independence. IMF Managing Director Kristalina Georgieva is also scheduled to visit Argentina on July 28–29, in a move the IMF spokeswoman described as reflecting close support and an exchange of views on Argentina’s progress and challenges.

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Darren Sofia

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IMF welcomes Milei's reform proposal for Argentina's Central Bank

The IMF said it welcomed President Javier Milei’s administration’s plan to reform the Central Bank’s charter. The IMF described the reform as part of a broader financial reform agenda intended to help Argentina “durably regain market access” while maintaining flexibility around timing and modalities.

The IMF spokeswoman said strengthening the Central Bank’s institutional safeguards would protect the independence of its policymaking, including insulating the central bank from government intervention. The government’s approach, the article notes, is to refocus the central bank primarily on inflation control and to better ensure it can set and manage inflation targets credibly.

The report also says Georgieva will meet with Milei and his economic team, along with other stakeholders, during her visit. It adds that the IMF recently maintained its growth outlook for Argentina (with growth projected for 2026 and 2027) and references Argentina’s ongoing IMF Extended Fund Facility.

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