Argentina seeks congressional approval for IMF deal

Argentina seeks congressional approval for IMF deal

Corporate & Sovereign Strategy Loans Coronavirus Argentina

Argentina's government will submit a preliminary agreement on a new loan program with the International Monetary Fund (IMF) for congressional ratification before March 1, presidential spokeswoman Gabriela Cerruti said Thursday, a key for the country to avert defaulting on the $44.5 billion stand-by loan and regaining access to global financial markets. The government is "taking steps in the right direction," she said in a televised press conference. "We are going to reach the best possible agree

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