October 14, 2020 |
Argentina's economy has fallen into a deep recession this year as the COVID-19 pandemic thwarts activity and slashes consumer spending, which is posing tough challenges to stabilize the economy, a team from the International Monetary Fund (IMF) said as it negotiates a new financial aid program for the country.
"Argentina is facing complex economic and social difficulties, in the context of an unprecedented health crisis. The deep recession has led to an increase in already-high poverty and unemp
Multilateral lender completes its first country visit in negotiations for a new loan program