US Plans $20 Billion Facility to Alleviate Argentina's Debt Crisis, Says Treasury

The United States plans to create a $20 billion facility to alleviate Argentinas debt crisis, involving private banks and sovereign wealth funds, alongside an existing swap line.

• US Treasury Secretary Scott Bessent announced a plan for a $20 billion facility to support Argentinas economy, aimed at easing the countrys significant debt burden.
• The proposed facility will engage private banks and sovereign wealth funds, complementing the existing $20 billion swap line established by the United States.
• This initiative is part of the White Houses broader strategy to stabilize Argentinas economy amid ongoing financial challenges and international scrutiny.