The IMF’s USD 20 bln loan to Argentina faced serious internal opposition, with about half of the Fund’s 25 executive board chairs raising concerns, Bloomberg reported. Despite Argentina’s history of failed IMF programs, the deal—anchored by President Milei, a close Trump ally—was approved, including an unusually large USD 12 bln up-front disbursement. Argentina remains the IMF’s largest debtor, accounting for over one-third of its global lending. Minutes after the deal’s announcement, the World Bank pledged USD 12 bln and the IDB committed USD 10 bln in additional support.