IMF Board to Discuss Progress in Argentina Program on Wednesday
- Board members will have opportunity “to engage” with latest
- Argentina and the IMF are in the middle of talks for new deal
The International Monetary Fund (IMF) headquarters in Washington, D.C., U.S., on Saturday, April 3, 2021.
Photographer: Samuel Corum/BloombergThe International Monetary Fund’s board of directors will meet on Wednesday to discuss the state of negotiations with Argentina, as the two parties discuss a new program to delay repayment of more than $40 billion of debt.
Staff of the Washington-based lender called for a meeting in which members of the executive board will have the opportunity to voice their views on the latest progress in the negotiations, according to people with direct knowledge, who asked not to be named because talks are private. The meeting was called informally “to engage” the members, marking an incremental step from previous discussions, where staff focused on just briefing the board, the people said.