Write For Us

Argentina debt crisis: IMF loan repayments loom as economy falter

Sponsored Post Vitamin D2 Canada Persia
72 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
Argentinian President Alberto Fernandez has said he will not rush into a new deal with the IMF.
There is concern that Argentina may miss a May deadline with the IMF to agree on how to repay a loan of more than $40bn.
One of the IMF demands is to cut government spending.
Fernandez's centre-left Peronist administration faces mid-term elections in October and is unlikely to impose austerity measures that will hurt him politically.
Argentina is struggling with a rise in poverty, unemployment and a drop in economic activity

Al Jazeera’s Teresa Bo reports from Buenos Aires, Argentina.

- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/

#Argentina #ArgentinaEconomicCrisis #IMF
Category
World
Tags
coronavirus impact on argentinian economy, imf, aljazeera
Sign in or sign up to post comments.
Be the first to comment