Fernández refuses remaining IMF credit

Fernández refuses remaining IMF credit

Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Loans Regulation Politics Argentina United States

Argentina's President-elect Alberto Fernández said he may not ask for the last $11 billion disbursement in a $57 billion line of credit from the International Monetary Fund (IMF). "If you have a problem because you are in debt, I think the solution is not to go into more debt," he said during an interview with Radio Con Vos. "I have a really big problem and I'm going to ask for $11 billion more? What I want is to stop asking [for money] and let me pay." Fernández also said during the interview t

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