Crunch time for Argentina’s debt revamp as IMF mission due this week

Feb 11, 2020

Argentina’s new government heads into do-or-die talks this week with its biggest creditor, the International Monetary Fund, seeking a deal to postpone debt payments while honoring a promise to voters to not go along with painful budget cuts.

Left-leaning President Alberto Fernandez hopes to convince the Fund to rejig $44 billion in suspended loans under a plan that would avoid the kind of fiscal austerity and structural reforms the IMF typically imposes to […]

The post about “Crunch time for Argentina’s debt revamp as IMF mission due this week" appeared first on the CNBC website.


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