Argentine officials arrived in Washington, DC on Tuesday for crisis talks with the International Monetary Fund (IMF ) to renegotiate conditions of a $50bn loan to help its ailing economy.
Treasury Minister Nicolas Dujovne is seeking to secure an early release of funds from the three-year relief package , which he said would allow the government to avoid asking the bond market for financing in the near term.
The IMF has indicated a willingness to accelerate payments, with its head Christine Lagarde stressing her support for Argentina’s policies in an August 29 statement . She said IMF staff had been instructed to work with Argentine officials to “re-examine the phasing of the financial programme”.
Al Jazeera
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