Economics

IMF Sees $45 Billion Deal With Argentina Pushed Into 2022

IMF reserves, rebound in soybeans give nation room to delay
Fund, Fernandez government disagree on ecomomic forecasts

A man walks past a sign against paying the debt with the IMF in Buenos Aires

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By Eric Martin and Patrick Gillespie

June 18, 2021 at 6:47 PM UTC

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The International Monetary Fund privately estimates that a deal allowing Argentina to reschedule payments on $45 billion owed to the lender will be pushed into 2022 as President Alberto Fernandez has little incentive to quickly agree on the basis of a new program.