IMF talks with Argentina ‘constructive’, will continue in Washington: spokesman

IMF talks with Argentina ‘constructive’, will continue in Washington: spokesman


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Economic system9 hours within the past (Dec 03, 2020 11: 20AM ET)

© Reuters. FILE PHOTO: Argentine President of the Chamber of Deputies Sergio Massa, speaks to members of the IMF mission in Argentina Julie Kozack, Luis Cubeddu, Trevor Alleyne and Argentine representative before the IMF Sergio Chodos, at the National Congress in Bu© Reuters. FILE PHOTO: Argentine President of the Chamber of Deputies Sergio Massa, speaks to members of the IMF mission in Argentina Julie Kozack, Luis Cubeddu, Trevor Alleyne and Argentine representative earlier than the IMF Sergio Chodos, at the National Congress in Bu

WASHINGTON (Reuters) – Negotiations between the Global Monetary Fund and Argentina over a sleek IMF loan program are “very fluid and constructive,” with Argentine officials expected to return to Washington within the upcoming days for extra talks, IMF spokesman Gerry Rice acknowledged on Thursday.

Rice informed a protracted-established records briefing that a recent IMF workers mission to Buenos Aires, made “honest appropriate-attempting progress” in defining the initial system of Argentina’s economic reform plans.

He acknowledged the 2 facets “share the see that tackling Argentina’s challenges will require a fastidiously balanced situation of policies that foster stability, restore self assurance, defend essentially the most susceptible folk in Argentina and situation the foundation for sustainable and inclusive development as Argentina battles its economic challenges, and naturally, battles the pandemic.”

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