Argentina’s Midterm Elections Result in a Defeat for Peronists
Argentina’s midterm elections resulted in a defeat for the ruling Peronists, losing its majority in Congress, after winning key races in the congressional primaries. The loss could trigger a shift to more moderate economic policies, whilst forcing President Alberto...
Argentina to Get New IMF Deal to Pay Existing Debt
Argentina is negotiating a new loan program with the International Monetary Fund (IMF). The proceeds of the new loan would be used to pay its existing $19bn debt due in 2022 to the IMF itself. Argentina is seeking to close a deal before March 2021. The country already...
Argentina Taps Complex Ways to Cover Fiscal Expenses
Argentina is raising money through currency conversions, bond sales, debt paydowns and new borrowings in a move to cover fiscal expenses following the IMF’s decision to grant the country $4.3bn of special drawing rights (SDRs). The moves by President Alberto...
