Argentina Reached a Deal With IMF Staff, President Says
- Government expects to send the deal to congress from this week
- But Argentina still negotiating some ‘aspects’ of agreement
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Argentine President Alberto Fernandez said his government reached an agreement with the staff of the International Monetary Fund on some details needed to refinance the country’s loan with the Washington organization and aims to send it to congress for approval as soon as this week.
In his annual address to congress on Tuesday, Fernandez also said that some other “aspects” of the deal with IMF staff continue to be worked out and expects them to be completed soon before congress takes it for debate, apparently contradicting his initial statement. The president didn’t elaborate on the points of disagreement.