IMF, Argentina agree on Article IV review paving the way to new debt deal

Argentina Economy Minister Martín Guzmán and IMF Managing Director Kristalina Georgieva agreed to start Article IV consultations, during conversations on the sidelines of the G20 meeting in Riyadh, Saudi Arabia on Saturday. The Article IV review might pave the way to changing the terms of the IMF $56bn stand-by loan for a new program. Guzmán is travelling to Washington today to hold further meetings with IMF staff.

Guzmán to meet Georgieva after IMF technical mission to Buenos Aires

Economy Minister Martín Guzmán is scheduled to travel to Saudi Arabia on Thursday for a G20 meeting, where he will meet with IMF chief Kristalina Georgieva and hold a series of bilateral meetings to review Argentina’s debt restructuring plans. Georgieva will have on the table fresh data collected by the IMF mission lead by Julie Kozak and Luis Cubbedu that finishes today a week working in Buenos Aires.