like a merger believe out in front of thank you. argentina the international monetary fund has reached an agreement for a three year fifty billion dollars standby credit arrangement the government says it sold financing to provide a safety net and avoid the frequent crises of argentina s past the i.m.f. board still has to approve the bailout loan. the deal marks a turning point for argentina for years argentina shunned the i.m.f. after the economic crisis of two thousand and one two thousand too many arjun times blamed that crisis on austerity measures which the i.m.f. had demanded and they took to the streets again in protest against president recently goshi ations with the fund tina requested i.m.f. assistance early last month after its peso currency weaken sharply in an investor exodus the chairman of the central bank and the finance minister announced the deal