President Mauricio Macri says ‘lack of trust from the markets’ forces him to ask for help as peso weakens and inflation runs at 30%
Argentina’s President Mauricio Macri has asked the International Monetary Fund for an early release of funds from a $50bn deal to ease concerns that the country will not be able to meet its debt obligations for 2019.
Macri said in a televised address that Argentina had agreed with the IMF “to advance all necessary funds to guarantee compliance with next year’s financial programme”.
Continue reading...from The Guardian https://ift.tt/2N2r5TF
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