IMF agrees to reschedule Argentina's loan

Argentine President Nestor Kirchner announced on Wednesday 10 September that the outlines of a three-year $21 billion US dollar debt refinancing package had been reached with the IMF.

Source: Associated Press

Argentinean President Nestor Kirchner announced on Wednesday his country has reached agreement with the International Monetary Fund on the outlines of a three-year, $21 billion US dollar debt refinancing package.

The deal ended months of negotiations and came a day after Argentina defaulted

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