WASHINGTON: IMF officials will meet with the economic team from crisis-hit Argentina later this month to review the status of the country's massive loan programme, an IMF spokesman said on Thursday .
The IMF engagement with Argentina"remains strong," Rice said. But he acknowledged that"the ongoing uncertainty makes the situation even more difficult." The government has received about US$44 billion so far of the three-year loan approved in June 2018, but soaring inflation and rising poverty stirred outrage at the government's belt-tightening measures.The defeat of business-friendly Macri at the hands of populist challenger Alberto Fernandez once again whipped up market volatility in the recession-hit nation.
However, despite Argentina's track record of economic crises, hyperinflation and debt default, Rice denied the IMF had violated any rules by once again providing financing to Buenos Aires.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sumber: ChannelNewsAsia - 🏆 6. / 66 Baca lebih lajut »