After months of negotiation between the government and the International Monetary Fund (IMF), Argentina's Congress will finally begin to officially debate a bill outlining the new financing programme this week.
Staff-level accord, which includes commitments to narrow fiscal deficit and money-printing while unwinding energy subsidies, will seek to address “persistent” high inflation and public finances.
Sources close to Lower House Speaker Sergio Massa confirm to local media outlets that a bill outlining Argentina’s agreement with the International Monetary Fund will be sent to Congress this Thursday.
Government confirms it has finalised an agreement with the International Monetary Fund to refinance its US$44-billion debt with the multilateral lender.