Argentina and the IMF want an agreement before May
Both parties seek to reach an agreement before the scheduled date, as indicated by the Minister of Economy Martín Guzmán
The spokesman for the International Monetary Fund (IMF), Gerry Rice, said that the Washington-based institution will do everything possible to reach a debt agreement with Argentina before May, as suggested by Argentine Economy Minister, Martín Guzmán.
“We do not have a tentative deadline. Minister Guzman reiterated the authorities’ desire to reach a conclusion by May and we will do everything possible to meet the deadline suggested by the minister,” Rice said.
The intention of the Argentine government is to close the refinancing agreement of 45,000 million dollars of debt with the IMF before May, in order to be able to face the negotiations with the Paris Club for the payment of 2,400 million dollars.
In this line, the spokesperson explained that the conversations between both actors will take place virtually in the coming weeks due to the epidemiological situation. Rice has slipped the possibility that the Argentine authorities make a face-to-face visit to Washington, although he has not confirmed a date.
K. Tovar
Source: dpa
