Top Fernandez Ally Says Argentina Needs Mature Rapport With IMF

  • Tucuman Governor Manzur says Argentina should honor its debts
  • Argentina should cut interest rates to boost production

Alberto Fernandez

Photographer: Sarah Pabst/Bloomberg
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With about a month to go before general elections in Argentina, one of the closest politicians to presidential candidate Alberto Fernandez says the country needs to maintain a positive working relationship with the International Monetary Fund.

Tucuman Governor Juan Luis Manzur said that Fernandez will honor Argentina’s debt obligations -- while seeking to normalize the economy -- by eventually rolling back capital controls imposed by President Mauricio Macri to stop the central bank’s bleeding of foreign reserves.