January 6, 2022 |
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
Economy minister says advances have been made, but the pace for deficit reduction is still a sticking point