Economy & Business - April 2022

ARGENTINA: IMF agreement done, but not dusted

On 25 March the International Monetary Fund (IMF) Board of Directors concluded nearly two years of difficult negotiations, approving a US$45bn package to reschedule Argentina’s debts and lay out a new economic stabilisation plan. For President Alberto Fernández, it was a major and enormously important milestone in his four-year presidency, which runs to December 2023. But it may not be as successful as he hopes.

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