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Argentina gets Paris Club extension

Argentina gets Paris Club extension

March 24, 2022 | Charles Newbery
Government plans to negotiate a new loan agreement by June 30 with the group of lending nations

Corporate & Sovereign Strategy International Financial Institutions Economy & Policy Debt Loans Argentina

Argentina reached an agreement with the Paris Club of lending nations late Tuesday to delay the maturity on an around $2 billion loan that falls due on March 31, gaining the sovereign more time to come up with the funds. The country has until June 30 this year to negotiate a modification to the loan agreement with the Paris Club, the economy ministry said in a statement on Wednesday. Emmanuel Moulin, chairman of the Paris Club, said after meeting with Argentine Economy Minister Martín Guzmán in

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