Argentina may combine final two IMF reviews before new talks, Bloomberg News reports

Man walks past the IMF logo at HQ in Washington
A man walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, U.S., May 10, 2018. REUTERS/Yuri Gripas/File Photo
Source: X00866

Argentina may combine final two IMF reviews before new talks, Bloomberg News reports

Argentina's government may condense negotiations with the International Monetary Fund (IMF) staff on its $44 billion program before opening talks on a new agreement that could include new money, Bloomberg News reported on Tuesday, citing people with direct knowledge.

Economy Minister Luis Caputo told investors in New York that the South American country could combine the final two staff-level reviews of the current program into one, then proceed with negotiations for a new program that would take about three to six months, Bloomberg News reported.

This article was produced by Reuters news agency. It has not been edited by Global South World.

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