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Argentina Is Talking With IMF About New Program Outline

Argentina Is Talking With IMF About New Program Outline
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PTI writes letter to IMF

ISLAMABAD: Pakistan Tehreek-e-Insaf senior leader Barrister Gohar Ali Khan Wednesday said that the party had written a letter to the International Monetary Fund to remind the financial body of its.

Argentina Is Talking With IMF About New Program Outline

(Bloomberg) Argentina is talking with the International Monetary Fund about the outline of a possible new program that would bring fresh cash to speed up its exit from capital controls, according to a senior government official.Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpNYCB Flags Weaknesses in Loan Oversight and Names New CEOIndia’s Blowout GDP Based on Data Distortion That Masks SlowdownFed’s Preferred Inflation Metric Increases by Most in a Year

IMF likely to review interest rates charged to Argentina in due time

“We listen to the members and then we look for a way that makes sense,” Georgieva said. International Monetary Fund (IMF) Director Kristalina Georgieva Wednesday admitted the rates Argentina is currently paying will be subject to review, at the request of the South American country. “We listen to the members and then we look for a way that makes sense and where there is consensus,” Georgieva said. She added the rates are to be on the board s agenda and open for examination “when the Fund carries out a periodic review” of the cost of its loan to borrowers. “This is the time when these types of issues can be discussed,” Georgieva told reporters in the framework of the organization s biannual meetings. “As always, we listen to the members and then we look for a way that makes sense and where there is consensus,” she added.

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