BUENOS AIRES, Argentina (AP) — Argentine President Javier Milei’s economy minister announced on Friday that the libertarian government would lift the country’s strict capital and currency controls in a few days, a high-stakes gamble made possible by a new loan from the International Monetary Fund.

The libertarian government of President Javier Milei on Friday announced that it would lift most of the country’s strict capital and currency controls on Monday, a high-stakes gamble made possible by a new loan from the International Monetary Fund.

The Argentine government said Friday it had reached an agreement with the International Monetary Fund for a loan of $20 billion and the elimination of foreign exchange controls.