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Weekly Report - 30 January 2020 (WR-20-04)
ARGENTINA: Initiating negotiations with the IMF
Argentina’s President Alberto Fernández embarked on his first foreign trip this week in which he sought support for his government’s attempts to renegotiate the country’s debt with the International Monetary Fund (IMF). Reaching a deal with the IMF is considered key to arriving at agreements with Argentina’s other creditors and staving off a debt default. Resolving the debt problem is the government’s main priority and Fernández knows that securing the support of a majority of IMF member governments will be crucial for sealing an agreement with the multilateral organisation.
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