Argentina seeks IMF deal as soon as possible

Argentina seeks IMF deal as soon as possible

Corporate & Sovereign Strategy Economy & Policy Debt Loans International Financial Institutions International Monetary Fund (IMF) Latin America South America Argentina Europe Coronavirus

Argentine President Alberto Fernández said Friday that he wants to reach a new loan agreement with the International Monetary Fund (IMF) as soon as he can, a deal that could come with a reduction in or suspension of the costly surcharges on the $44 billion it owes the multilateral lender. "We want to reach an agreement as quickly as possible," Fernández said in a statement from Rome after meeting with IMF managing director Kristalina Georgieva at the Dreaming of a Better Restart seminar organize

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