World Economy

US says it backs Argentine President Macri's economic reform program

Key Points
  • The United States supports Argentine President Mauricio Macri's economic reform program, the White House said.
U.S. President Donald Trump and first lady Melania Trump (L) welcome President Mauricio Macri of Argentina and the first lady of Argentina, Juliana Awada (R), to the White House shortly before meeting in the Oval Office April 27, 2017 in Washington, DC.
Win McNamee | Getty Images

The United States supports Argentine President Mauricio Macri's economic reform program, the White House said on Thursday, after Buenos Aires announced this week it was seeking financing from the International Monetary Fund.

"The United States supports the economic reform program of President Mauricio Macri of Argentina, which is market-oriented, growth-focused, and has improved Argentina's future," the White House statement said.

"President Macri has the right vision for the Argentine economy and has made important strides toward modernizing the country's economic policy," it said.