VOICED : Gobierno argentino pide celeridad al Congreso para tratar acuerdo con FMI

VOICED : Gobierno argentino pide celeridad al Congreso para tratar acuerdo con FMI

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Social Studies

10th Grade - University

Hard

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The Argentine government is urging Congress to swiftly approve a new agreement with the IMF to refinance a $45 billion debt. The deal, announced by President Alberto Fernández's administration, requires parliamentary approval amid anticipated complex negotiations. The agreement aims to prevent disruptions in Argentina's financial commitments. The previous IMF loan, obtained in 2018 under former President Mauricio Macri, has unsustainable repayment terms. The new program includes 10 quarterly reviews and a grace period, with payments scheduled from 2026 to 2034. Fernández's center-left government lacks a congressional majority and faces opposition from both its own party and the opposition.

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3 mins • 1 pt

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