VOICED : Argentina extiende plazo para canje de deuda para mejorar su oferta

Argentina extended its debt negotiation deadline to improve its offer and gain creditor support. The IMF approved Argentina's debt swap proposal, which may reduce the grace period and improve bond yields. The original offer included a three-year grace period and reductions in interest and capital, but creditors rejected it. Argentina is considering a counteroffer from two creditor groups. The country aims to stabilize its economy, which has been in recession since 2018, with high poverty rates and a significant GDP decline due to the pandemic.

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