Crisis-hit Argentina hopes for improved IMF deal this month

FAN Editor

Argentina’s government said on Tuesday it hopes the International Monetary Fund will agree in the second half of September to a deal giving the country more financial support as it seeks to escape a deepening economic crisis.

Economy Minister Nicolas Dujovne met IMF chief Christine Lagarde in Washington and said they were working together to improve a standby finance deal agreed with the IMF’s executive board in June.

“We are trying to get it voted on by the (IMF) board …. in the second half of September,” Dujovne said after the meeting.

Lagarde said Argentina and the IMF shared a common objective “to reach a rapid conclusion” to technical discussions and present a proposal to the board.

Free America Network Articles

Leave a Reply

Next Post

JD.com CEO was arrested in US on allegation of rape, police report says

The founder and chief executive of Chinese retailer JD.com, Richard Liu, was arrested in Minneapolis last week following an allegation of rape, according to a public information report released by police on Tuesday. Liu, identified in the report by his Chinese name Liu Qiangdong, was released from custody on Saturday […]

You May Like