Economics
Paris Club Says Argentina Committed to IMF Deal by March
- Club says Argentina to comply with comparability of treatment
- Clash over China debt prompted demands for partial payment
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Argentine authorities are committed to reach an agreement with the International Monetary Fund no later than the end of March as part of an understanding with the Paris Club to avoid default, according to the group’s second-ranking official.
The South American country also agreed to treat all other external creditors in a comparable way as part of an accord with the group of wealthy nations in which it will make a partial payment, the Club’s Secretary General Schwan Badirou-Gafari said in an e-mailed response to questions.