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