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IMF board to meet March 25 over Argentina debt deal: assertion

Business Journal

Financial system4 hours in the past (Mar 19, 2022 02: 30PM ET)

© Reuters. FILE PHOTO: A participant stands discontinuance to a model of IMF on the International Monetary Fund – World Monetary institution Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo

WASHINGTON (Reuters) – The International Monetary Fund’s govt board will meet on March 25 to communicate about Argentina’s seek recordsdata from of for a debt deal, an IMF spokesman acknowledged on Saturday.

Argentina’s Senate voted on Thursday to approve a $45 billion debt deal with the IMF, changing the agreement into regulation and guaranteeing that the economically battered country can steer decided of but every other messy default.

The deal quiet wants to be signed off by the IMF’s board. The IMF spokesman, Gerry Rice, acknowledged in a assertion that “the legislative approval is a a must-obtain imprint that Argentina is committed to insurance policies that would possibly possibly maybe aid more sustainable and inclusive convey.”

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