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IMF and Argentina Find Common Ground Amid VP’s Bombshell Remarks

  • Two sides agree on inflation, exports, local capital markets
  • Statement comes day after VP Kirchner said country can’t pay
Cristina Fernandez de Kirchner
Cristina Fernandez de KirchnerPhotographer: Ricardo Ceppi/Getty Images

Argentina and the International Monetary Fund coordinated messaging Thursday on the principles that could underpin the country’s program with the lender, a day after the vice president put the deal in doubt.

In a statement, IMF negotiators Luis Cubeddu and Julie Kozack said they found “common understanding” with Economy Minister Martin Guzman on areas such as inflation, exports and developing domestic capital markets. Guzman reiterated these points in a series of tweets too, after meeting with IMF officials Wednesday in Washington.