Argentina to Repay IMF

World | March 10, 2004, Wednesday // 00:00

Argentina has promised to pay USD 3.1 B to the IMF, missing by five hours a second default on an IMF loan repayment schedule. Analysts has warned, however, that difficulties will arise at mid-year, when Argentina works on next year's budget and negotiates terms with the IMF for its 2005 programme. After the announcement, Buenos Aire's leading MerVal index rose 5.8% to 1,216.90 points.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

World » Be a reporter: Write and send your article

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria