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Argentine Congress starts debating IMF deal

Argentine Congress starts debating IMF deal

March 11, 2022 | Charles Newbery
Bill goes to the floor of the lower house as the ruling coalition comes to a consensus with the opposition

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

Argentina's lower house of Congress began a floor debate on Thursday to ratify the refinancing of $44.5 billion in debt with the International Monetary Fund (IMF) after a consensus was reached between the major political parties, a key for Latin America's third-largest economy to return to borrowing on the international capital markets for the first time in nearly three years. "We are solving a problem that Argentina has," Sergio Massa, speaker of the Chamber of Deputies and a key figure in the

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