Argentina asks IMF to restructure debt payments: minister
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[BUENOS AIRES] Argentina asked the International Monetary Fund to restructure its debt payments on the US$56 billion bail-out loan agreed last year in a bid to calm market turbulence, finance minister Hernan Lacunza said Wednesday.
Recession-hit Argentina has suffered market volatility since business-friendly President Mauricio Macri was trounced in party primaries three weeks ago by leftist challenger Alberto Fernandez.
Debt repayments are due to begin in 2021.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
