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Argentina Extends Paris Club Talks Over $2 Billion to June 30

  • Government received Paris Club support on IMF program
  • Argentina already made partial payments totaling $430 million
Martin Guzman, Argentina's economic minister, speaks during the 2022 CERAWeek by S&P Global conference in Houston, Texas, U.S., on Wednesday, March 9, 2022. 

Martin Guzman, Argentina's economic minister, speaks during the 2022 CERAWeek by S&P Global conference in Houston, Texas, U.S., on Wednesday, March 9, 2022. 

Photographer: F. Carter Smith/Bloomberg

Argentina reached an agreement Tuesday with a group of wealthy nations known as the Paris Club to finalize by June 30 a repayment program on $2 billion of debt. 

The two sides last year had set a deadline to restart talks at the end of March as the country also held negotiations with the International Monetary Fund. The IMF’s executive board will vote on Argentina’s program Friday, the final step of approval.