IMF Mission Concludes Preliminary “Exploratory” Visit to Argentina

Argentina recently restructured about US$ 65 billion in non-performing bonds. The country is in a deep recession exacerbated by the coronavirus pandemic.

RIO DE JANEIRO, BRAZIL - An International Monetary Fund mission concluded a visit to Argentina on Sunday, after several days of preliminary talks aimed at repaying about US$ 44 (R$242) billion owed by the cash-strapped government to the fund.

The delegation of IMF economists arrived early last week, led by Julie Kozack, Western Hemisphere deputy director for the IMF. “This first visit has concluded,” the government source confided to the Subscribe to our Premium Membership Plan. Already Subscribed?