Argentine government pushes IMF program in Congress

Argentine government pushes IMF program in Congress

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

Argentine Economy Minister Martín Guzmán sought Monday to drum up support for a new loan program with the International Monetary Fund (IMF) in Congress, saying that if it is not ratified by lawmakers the country will face currency depreciation, higher inflation and an economic slowdown. He spoke on the first day of debate in the lower house as the government seeks to get the program approved by both houses, as required by law, only days after a deal was reached with the Washington, DC-based lend

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