<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=288482159799297&amp;ev=PageView&amp;noscript=1">

Web Notifications

SaltWire.com would like to send you notifications for breaking news alerts.

Activate notifications?

Saltwire Logo

Welcome to SaltWire

Register today and start
enjoying 30 days of unlimited content.

Get started! Register now

Already a member? Sign in

Argentina´s president-elect tells IMF he has sustainable plan to repay debt

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS

Weather’s role in wildfires in Atlantic Canada | SaltWire #weather #climatechange #wildfireseason

Watch on YouTube: "Weather’s role in wildfires in Atlantic Canada | SaltWire #weather #climatechange #wildfireseason"

SANTIAGO (Reuters) - Argentina's president-elect, Alberto Fernandez, has a "sustainable" plan to meet creditor obligations as well as maintain growth, he told the International Monetary Fund´s managing director Kristalina Georgieva, his office said.

On Tuesday, Fernandez told Georgieva there was no room for more fiscal adjustment due to an "enormously complex domestic economic situation", his office said in a statement.

"We want to make a commitment that we can keep," the incoming Argentinian president added.

The Fernandez camp statement said Georgieva told him she wanted to see Argentina leave behind "boom and bust cycles" to achieve a trajectory of sustainable growth.

She added that she wanted to work with Fernandez to tackle dual issues of inflation and promoting growth, it said.

In its statement, the IMF said Georgieva assured Fernandez, a Peronist elected last month, of the IMF´s "readiness to engage" with his government and work towards "paving the way for sustained growth and poverty reduction."

(Reporting by Aislinn Laing; Editing by Clarence Fernandez)

It has been our privilege to have the trust and support of our East Coast communities for the last 200 years. Our SaltWire team is always watching out for the place we call home. Our 100 journalists strive to inform and improve our East Coast communities by delivering impartial, high-impact, local journalism that provokes thought and action. Please consider joining us in this mission by becoming a member of the SaltWire Network and helping to make our communities better.
Share story:
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Local, trusted news matters now more than ever.
And so does your support.

Ensure local journalism stays in your community by purchasing a membership today.

The news and opinions you’ll love starting as low as $1.

Start your Membership Now