“Compared to November 2020, with an economy then under the impact of the Covid-19 pandemic, activity registered an increase of 9.3%. The Ministry of Economy noted that the result for November also exceeds by more than 5 points to November 2019, when Covid had not yet impacted,” the article highlights.
On the other hand, and as regards the debt negotiations with the International Monetary Fund (IMF), The article reflects that the Argentine government “has been trying to renegotiate it for two years and if there is no agreement, it will have to return in the next three years, between capital and interest, a total of more than US$44,000 million in loans contracted in 2018.”
“Only in 2022, $19 billion must be repaid. The IMF expressed on Tuesday the hope of progress in the negotiations over the next few days,” concluded the article in the French newspaper Le Figaro.
Last week, the economy minister Martin Guzman held an interview with the same newspaper in which he stated that “”Argentina needs more time to pay and wants to reach an agreement, which is necessary for both parties”, while admitting that there are differences with the agency on the consolidation times fiscal and the combinations between expenses and revenues.
Source From: Ambito
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