US Treasury Secretary Vicente reportedly expressed willingness to use the Foreign Exchange Stabilization Fund to support Argentina

On April 23, three directly informed sources reported that US Treasury Secretary Scott Besant stated that if a global shock threatens the economic reforms being pursued by Argentine President Javier Millet, the Trump administration will be willing to provide a specific credit line to the Argentine government. According to informed sources, Besent stated at a JPMorgan event in Washington on Tuesday that as long as Miller continues to implement his economic policies, the US government will be willing to use the Exchange Stabilization Fund (ESF) to support Argentina in the event of an event that is not Argentina’s own fault.

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