Argentina’s tentative agreement with the International Monetary Fund suffered an early setback Monday when the ruling coalition’s leader in the lower house resigned in protest over the deal announced by the government last week.
Maximo Kirchner, the son of powerful Vice President Cristina Fernandez de Kirchner, announced the move in a lengthy statement Monday. The congressman, who will nonetheless remain a lawmaker, cited the government’s negotiations with the IMF to reschedule payments on over $40 billion in outstanding debt as reason for his departure.
