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Swap Agreement

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U.S. and Argentina: Navigating Bailouts and Economic Challenges

Originally Published 2 months ago — by Politico

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Source: Politico

Bessent has signed an economic stabilization deal with Argentina, including a $20 billion swap agreement and plans for an additional $20 billion in private or sovereign wealth fund financing, aimed at fostering economic freedom and stability in Argentina, despite political criticism and concerns over collateral and guarantees.