BUENOS AIRES (Reuters) - Argentina is facing a billion-dollar trip wire of debt repayments to the International Monetary Fund (IMF) coming due with uncertainty over whether the South American country will pay amid tense talks to revamp around $40 billion in loans.
The grains-producing country, which has been battling currency and debt crises for years, is due to pay back $730 million to the IMF on Friday and another $365 million on Tuesday next week, though officials have not confirmed plans to pay.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!