Argentine President Sees Deal With IMF in Next Few Days

Source: Bloomberg.com
By: Patrick Gillespie
05.31.2018

President Mauricio Macri said Argentina will reach a deal with the International Monetary Fund in the next few days.

“We will have an agreement in the next few days,” he told reporters in Cachi, Salta without providing details. “Confidence is fundamental. That’s why we went to the fund to get their support for our financial needs.”


Treasury Minister Nicolas Dujovne is scheduled to meet with IMF officials next week as talks for financing enter a fourth week. The government is said to be seeking a credit line of at least $30 billion to help shore up finances and restore confidence to the peso. The currency has plunged more than 25 percent against the dollar this year, dragging equity and credit markets along, as investors soured on Argentine assets.

External Link: CLICK HERE FOR FULL ARTICLE.

  • VII Concurso Internacional de Vinhos do Brasil (Wine)
  • New York Times 36 Hours in Buenos Aires
  • Alternative Latin Investor
  • Artful Living (Mansion)
  • Avid Magazine (AWE)
  • BlackBook Mag (Mansion)
  • CNN (AWE)
  • Conde Nast Traveler (Mansion)
  • Delta Sky Magazine (Mansion)
  • Departures (AWE)
  • Elite Traveler (Mansion)
  • Finger Lakes International Wine Competition (Wine)
  • Fodor's Choice 2013 (Mansion)
  • Fodor's Choice 2013 (Wine Estates)
  • Fodors (AWE)
  • Forbes Life (Mansion)
  • Frommer's Best Vineyards & Hotels Around the World
  • Andrew Harper’s Grand Awards 2013
  • International Wine Challenge U.K.
  • 2013 International Wine & Spirit Competition (Wine)
  • Kiwi Collection (Mansion)
  • Kiwi (AWE)
  • National Geographic Traveller 2012
  • Order Wine Direct (Wine)
  • Robb Report Exceptional Places 2012
  • Tablet Hotels (Mansion)
  • Telegraph (AWE)
  • Mediterranean International Wine & Spirits Challenge (Wine)
  • Travel+Leisure
  • Trip Advisor Top 25 Hotels for Romance Argentina
  • Unique Homes (AWE)
  • USA Today (Mansion)
  • 2013 Vinalies Internationales Paris d'or (Wine)
  • Vinandino 2013 (Wine)
  • VINUS 2014 (wine)
  • WAWWJ 2014 (Wine)
  • Wine Enthusiast (AWE)