IMF chief Kristalina Georgieva to visit Argentina and Uruguay in July

Kristalina Georgieva, managing director of the International Monetary Fund, will visit Argentina and Uruguay at the end of July, according to official announcements. The trip underscores the close relationship between the IMF and both governments.

Visit details

Georgieva will arrive in Argentina on July 28 and 29, invited by President Javier Milei Source: Clarín. She will meet with Milei, Economy Minister Luis Caputo, and other economic and social actors Source: Clarín; Infobae. From Argentina, she will travel to Uruguay on July 30 to meet with President Yamandú Orsi, Economy Minister Gabriel Oddone, and Central Bank President Guillermo Tolosa, and participate in the Annual Economics Conference of the Central Bank of Uruguay Source: La República.

Economic context

The visit comes amid Argentina's ongoing IMF program, a $20 billion Extended Fund Facility signed in April 2025. The IMF recently approved the second review, releasing $1 billion, despite Argentina missing reserve targets Source: Infobae (EFE). The IMF has praised Argentina's fiscal and monetary efforts, including plans to reform the Central Bank's charter to strengthen independence Source: Clarín. In Uruguay, the IMF's last Article IV consultation highlighted the economy's resilience and progress in fiscal and monetary frameworks Source: La República.

Staff appointment

Georgieva also announced the appointment of Argentine economist Silvana Tenreyro as the IMF's new Chief Economist, effective August 10 Source: La Voz. This appointment is seen as a boost for Argentina's standing within the institution.