ARGENTINA'S NEW ECONOMY MINISTER HAS ANNOUNCED THE LATEST PACKAGE OF E...

World | February 4, 2002, Monday // 00:00

Argentina's new economy minister has announced the latest package of emergency measures aimed at pulling the country out of its worst economic crisis in decades. In a nationwide address, Jorge Remes Lenicov said the government planned to fully float the national currency on Wednesday, ease a hated banking freeze and drastically reduce its budget deficit. The government hopes the package of measures will help it win up to $20bn in additional aid from the International Monetary Fund (IMF).

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