Argentina’s fiscal question holds up IMF deal

Argentina’s fiscal question holds up IMF deal

Corporate & Sovereign Strategy International Monetary Fund (IMF) Economy & Policy Debt Loans Argentina Coronavirus

Argentina is edging closer to an agreement on a new loan program with the International Monetary Fund (IMF), but the pace of reducing the country's fiscal deficit is holding it back from reaching a deal, Economy Minister Martín Guzmán said Wednesday. "The fiscal path is the point on which there is no agreement with the IMF today," he said in a one-hour televised address to the country's governors on the negotiations, which began in August 2020. "We are seeking to lower the deficit but at the sam

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