Argentina president hopes for IMF deal ‘as soon as possible’
Buenos Aires, Oct 5 (AFP/APP):Argentina President Alberto Fernandez said on Sunday he hoped to reach an agreement with the International Monetary Fund to refinance a $44 billion loan “as soon as possible.” His announcement comes ahead of the arrival Tuesday of an IMF mission to focus on the country’s debt restructuring. “I have had many conversations in this time with Kristalina Georgieva,” Fernandez told the newspaper Clarin, referring to the IMF chief. “I have the impression that she sees better than anyone the difficulties that exist in Argentina.” Fernandez said an agreement with the Washington-based crisis lender is “basically necessary to give the economy predictability.” An understanding “clears up many doubts, which I do not have, but that some sectors of the economy do,” he said. “What I hope is that we continue working as well as we have done up to now, that we can find quick answers to the concerns they have and that we can reach an agreement, a program as soon as possible,” he added. Teenage girl suffers burns in acid attack After assuming the presidency last December, Fernandez put repayments on hold and renounced outstanding tranches of the bailout, saying Argentina already had enough debt. … Continue reading Argentina president hopes for IMF deal ‘as soon as possible’
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