August 19, 2003
Argentina's Lavagna sees first IMF draft next week
Argentine Economy Minister Roberto Lavagna said on Thursday a first draft of a three-year loan pact with the International Monetary Fund could be ready next week as the sides work to meet an Aug. 31 deadline.Posted by Timothy Fredel at August 19, 2003 09:34 PM...
The package will include economic targets to help steer the South American nation toward economic growth again after it defaulted on a $95 billion in sovereign debt last January, the biggest in history, and sharply devalued its currency.
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