Argentina is facing challenges in its efforts to secure additional funding from the International Monetary Fund (IMF) due to concerns about currency controls.

President Javier Milei, known for implementing austerity measures, expressed confidence in establishing a new program with the IMF by the end of the year.

However, recent discussions have revealed the IMF's concerns about Argentina's capital and foreign exchange restrictions, indicating that Milei's administration must address these issues before advancing negotiations for fresh financial support.

This situation highlights the complexities of Argentina's economic landscape as it aims to stabilize its finances through stringent fiscal policies.