Half of the interest charged by the IMF comes from Argentina

Argentina is the IMF’s primary debtor, owing to it $46 billion. For the organization, this represents almost one-third of its total debts. It is now urgent that in the talks and subsequent negotiations with the Fund, it is possible to postpone this year’s maturities, which amount to $3.65 billion in principal and close to $1 billion in interest. Argentina’s interest payments are almost half of what the IMF will charge all countries for that concept. Argentina is a good client for the Fund and a significant contributor to the Fund’s annual cash flow.

Source: Ámbito