Analysis-IMF's Argentina predicament: Seek reforms and tango on or kill the music,Argentina and the International Monetary Fund share a rocky history spanning seven decades - and it looks as if things could get worse. Just five years ago, Argentina became the Washington-based global lender's biggest single debtor, receiving a $57 billion bailout to help then-President Mauricio Macri's market-friendly government steer out of an economic crisis marked by high inflation and a gaping budget deficit. Fast forward and Argentina is about to enter a recession, with inflation running
Analysis-IMF’s Argentina predicament: Seek reforms and tango on or kill the music
Argentina and the International Monetary Fund share a rocky history spanning seven decades – and it looks as if things could get worse. Just five years ago, Argentina became the Washington-based global lender's biggest single debtor, receiving a $57 billion bailout to help then-President Mauricio Macri's market-friendly government steer out of an economic crisis marked by high inflation and a gaping budget deficit. Fast forward and Argentina is about to enter a recession, with inflation running
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