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Government of Argentina announces agreement with the IMF

2022-01-28T13:40:58.215Z


President Alberto Fernández announced this Friday that Argentina reached an agreement with the IMF to restructure its debt.


Cafiero on Argentine debt negotiation with the IMF 0:40

(CNN in Spanish) --

The president of Argentina, Alberto Fernández, announced this Friday that his government reached an agreement with the International Monetary Fund (IMF) to restructure the country's debt with the international credit organization.

“I want to announce that the government of Argentina has reached an agreement with the International Monetary Fund.

It is an exercise of responsibility.

We had a problem and now we have a solution, we had a rope around our necks, a sword of Damocles and now we have a path that we can travel," Fernández said in a recorded message broadcast from the Casa Rosada.

"Without an agreement we did not have a horizon for the future, with this agreement we can order the present and build a future. Compared to previous ones that Argentina signed, and it is good to remember, this agreement does not contemplate restrictions that postpone our development, it does not restrict, it does not limit, it does not condition the rights of our retirees that we recover in 2020”, he continued.

News in development. 

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Source: cnnespanol

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