Economy Minister and Unión por la Patria (UxP) presidential candidate Sergio Massa said Wednesday he would renegotiate Argentina’s deal with the International Monetary Fund (IMF) if he is elected president. It is also the biggest debt the IMF has ever had,” Massa said. Macri took out a US$44 billion debt from the IMF in 2018. In 2022, the government and the IMF signed an Extended Fund Facility agreement renegociating the deal. IMF staff and Argentina reached an agreement on the fifth and sixth reviews of the program in late July.

Source: Bueno Aires Herald November 16, 2023 14:40 UTC