Economic reforms needed as Argentina attempts to refinance debt
Tuesday 30 November 2021 – Vol.12 Ed.48.2
Commentary: Time is running out for Argentina and the IMF
By Pablo Guidotti in Buenos Aires
On 15 November, as his government faced a landslide defeat in mid-term elections, Argentina’s President Alberto Fernández announced that he would seek a new IMF programme to refinance $45bn in outstanding debt. But Buenos Aires’ announcements are not taken seriously by capital markets and, in the minds...