Economy Politics Country 2025-10-29T01:03:50+00:00

EE.UU. guarantees that there will be no losses from aid to Argentina

The U.S. Treasury Secretary, Scott Bessent, defended the $20 billion aid plan for Argentina, calling it an 'exchange line' and not a rescue. Bessent assured that the fund used has never registered losses and is aimed at supporting a key ally in Latin America to avoid a fate like that of Venezuela.


EE.UU. guarantees that there will be no losses from aid to Argentina

Minister of Finance Scott Bennett announced a plan to provide critical assistance and non-public publications to the Argentine economy, amounting to a total of 20 billion dollars. In response, published in the press, the former head of the Trump administration's administration, linked with the value of the currency, does not provide a basis for American taxpayers.

Bessent emphasized that the Latin American America plan is based on key cooperation with key partners - the presidents of Argentina Javier Milei. "We are not afraid of the fulfillment of the obligation to put SHA on the first place." Argentina - our partner, and we support the country that is linked to the economic development," - he said.

Criticism helped after Trump said that he wanted to buy many American producers. Agreements SHA have raised the possibility of creating a new financial market. In response, Bennett said that the American policy is aimed at stabilizing the friendly governments. "We use the economic potential of SHA to strengthen the countries that are linked to the positive changes, and not to be involved in the fragmentation, as it happened with Venezuela," - he said.

Regarding the financial risks, Bessent checked, that the mechanism, based on the Fund of Currency Stabilization (Fund of currency reserves), "no one has fixed the rubles." "We want to draw a line of defense, and not to impose the costs of the traffic, as it requires in the situation with Venezuela," - he said, accentuating that Argentina is standing with the signal for other regions, such as Bolivia, Ecuador and Paraguay, about the SHA to conduct.