Argentina's agribusiness financing costs ripe for cuts, Fernández advisor says

Argentina's agribusiness financing costs ripe for cuts, Fernández advisor says

Loans Economy & Policy Debt Regulation Argentina

Argentina’s incoming government is planning quick steps to cut financing costs for agribusiness companies in a move to help spur growth in a key sector that brings in dollars for the cash-strapped country, a person close to decision making said Thursday.  “We have had conversations with the people who are going to be in the ministry of economy, and there are going to be policies to lower the interest rate very quickly,” Jorge Neme, secretary of international relations for the northern province

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