Argentina Considering New Loan Options from Investment Funds or IMF

Reported 3 days ago

Argentina's government is exploring whether to secure a loan from two investment funds or additional financing from the International Monetary Fund (IMF) to facilitate the lifting of currency and capital controls. Officials aim to finalize the borrowing by February or March, while the country grapples with a challenging economic situation, including a history of recession and high inflation. The government must choose between private and IMF financing as it seeks to stabilize the economy and address significant debts.

Source: YAHOO

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