Argentina pays the IMF with loan from Qatar

Saturday, August 5th 2023 - 10:31 UTC

Full article 3 comments

Argentine authorities Friday announced that they would be paying the International Monetary Fund (IMF) a maturity worth US$ 775 million through a 580 million Special Drawing Rights (SDRs) loan from Qatar. The Asian nation will lend Argentina Special Drawing Rights (SDR, money that countries reserve in the IMF), it was explained. Read full article

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JoJo
Borrowing from Tim to pay Tom. Sounds like a clever thing to do
Aug 05th, 2023 - 12:42 pm - Link - Report abuse +2
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Brasileiro
Persian Gulf countries are diversifying investments and are investing where the future is.
Aug 05th, 2023 - 02:36 pm - Link - Report abuse -2
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FitzRoy
Qatar will never see that repaid!
Aug 07th, 2023 - 08:31 am - Link - Report abuse +2
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