The Argentine government sent a letter to United States President Joe Biden today, asking him to support Argentina in its negotiations with the International Monetary Fund (IMF). The letter was co-signed by six Latin American presidents: Lula Da Silva (Brazil), Luis Arce (Bolivia), Gabriel Boric (Chile), Gustavo Petro (Colombia), Andrés Manuel López Obrador (Mexico), and Mario Abdo (Paraguay). Nevertheless, sources in the Economy Ministry told the Herald that the government is going forward with payments to the IMF for US$1.9 billion, as per the renegotiated maturities calendar. “It is a negotiation, and some days are better than others,” sources in the Ministry told the Herald. “It’s another show of the strength we have as a region if we work united,” Fernández said.

Source: Bueno Aires Herald June 23, 2023 11:53 UTC