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Argentina Seeks to Reach a New IMF Agreement Before April

  • Officials aim to close a deal before Paris Club debt payments
  • Negotiation comes after government’s settlement with creditors
Alberto Fernandez
Alberto FernandezPhotographer: Sarah Pabst/Bloomberg
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Argentina aims to reach a deal with the International Monetary Fund over a new financing program before the end of March, according to a person with direct knowledge of the matter, a time frame that Fund veterans say is realistic if both sides show commitment.

The government, which sealed an initial $65 billion debt agreement with its private creditors Tuesday, will look to begin formal negotiations with the Fund after Sept. 4, which is the date in which the deal with bondholders will settle, the person said, asking not to be named because the talks are private.