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.

***

To engage in the latest trends, developments, and opportunities in finance and financial technology across Australia and Latin America, join our community at Finance and FinTech Group. 

Not yet a member? Get connected and be inspired by more incredible Latin American and Australian professionals. Join the growing Somos21 Community.

Connections are growing between Australia and Latin America. With Somos21 this innovative online platform allows you to find, connect, and collaborate at a global level who share the same background or interest in Latin America and Australia. This gives people the opportunity to meet in person and build their personal and professional networks at a local level. 

Have you downloaded the Somos21 app to your phone yet? Take your networking to the next level! 

Download our smartphone app on iOS and Android now!!!

 


Other news