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MercoPress, en Español

Montevideo, April 24th 2024 - 02:00 UTC

Tag: Fernandez

  • Wednesday, February 12th 2020 - 09:28 UTC

    Challenging week for the Fernandez administration as the IMF mission arrives in Buenos Aires

    One card the government did show was what it’s asking of the IMF: “more time” to pay the capital amortization of its latest loan, according to Martín Guzman

    A challenging week for the administration of Argentine president Alberto Fernandez and his foreign debt strategy. IMF negotiators land in Buenos Aires this Wednesday for their first mission since Fernandez took office in December. Before agreeing to any changes in the terms, negotiators will want to see Fernandez’s blueprint for tackling more than US$ 320 billion in total debt and for rescuing an economy that’s forecast to shrink for a third straight year.