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RSS FeedsIMF calls Argentina debt `unsustainable,` says bondholders must help resolve crisis
(WorldNews Argentina)

 
 

20 february 2020 17:32:51

 
IMF calls Argentina debt `unsustainable,` says bondholders must help resolve crisis
(WorldNews Argentina)
 


Buenos Aires: The International Monetary Fund warned Argentina´s bondholders on Wednesday that they would likely need to take a hit to help resolve the country´s `unsustainable` debt burden. The fund, wrapping up a week-long visit to Argentina, said rising public debts meant the country needs a definitive plan to restore debt sustainability, which would require a `meaningful contribution from private creditors.` Argentina is battling to restructure its debts to avoid defaulting on around $100 billion (Dh367 billion) in loans and bonds -...


 
72 viewsCategory: General > South America > Argentina
 
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