Argentina notifies IMF of a request for a new fund arrangement

Thursday, August 27th 2020 - 08:43 UTC

Full article 1 comment

IMF Managing Director Kristalina Georgieva, spoke with Argentina President Alberto Fernández on Wednesday, when conversations for a new credit arrangement were launched. The Managing Director made the following statement at the conclusion of the meeting: Read full article

Comments

Disclaimer & comment rules

kelperabout
Argentina is in a serious mess both from the increased covid pandemic and its debt situation. This is having serious repercussions on it's people who are falling deeper into poverty.
The country is not helping itself by continuing to try and rule what its neighbours can do in the world arena and the continued nonsensical claim to the sovereignty of the Falkland Islands.
Now they want to once again renegotiate a new debt repayment plan with the IMF.
Putting off the inevitable will not get Argentina back on track but making better relations with its neighbours will.
Trade is the only way that Argentina can recover and untill they stop being the bullies and start acting like good business neighbours this will not happen.
We sit on our tiny islands and watch the demise of this once great country and what would there situation be had they not tried to run their country with dictators.
They have very little time as a nation to get back on track because if they dont they will eventually fail as a country which will cause even more instability in the region.
Aug 27th, 2020 - 10:23 am - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!