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Key Argentina Creditor Hints at Withholding New Funding

  • Claver-Carone writes in WSJ that IDB needs reassurance
  • Argentina’s ‘tumultuous financial record’ increases risks
Mauricio Claver-Carone
Mauricio Claver-CaronePhotographer: Tarina Rodriguez/Bloomberg
Updated on

One of Argentina’s last remaining international creditors hinted that it won’t approve new funding until the government gets its house in order, raising the risk of further isolating the nation financially.

Mauricio Claver-Carone, president of the Inter-American Development Bank, published a letter in the Wall Street Journal Monday laying out the bank’s concerns.